Somerset VA Commercial for Sale

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Somerset Real Estate

The median home value in Somerset, VA is $221,500. This is lower than the county median home value of $326,900. The national median home value is $338,100. The average price of homes sold in Somerset, VA is $221,500. Approximately 54.98% of Somerset homes are owned, compared to 26.84% rented, while 18.18% are vacant. Somerset real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerset real estate agent to arrange a tour today!

Somerset, Virginia has a population of 392. Somerset is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 26.88%.

The median household income in Somerset, Virginia is $83,810. The median household income for the surrounding county is $79,211 compared to the national median of $69,021. The median age of people living in Somerset is 53.6 years.

Somerset Weather

The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 44 inches per year, with 17.7 inches of snow per year.

Somerset Real Estate Market Conditions

  • Median sales price

    $221,500
    14.9% change since last quarter
  • # Active listings

    3
    30-day change

Somerset Schools and Demographics

Education near Somerset, VA

Metric City County
High School Graduates 87.96 89.62
College Degree - 2 year 0 6.53
College Degree - 4 year 79.58 26.12
Graduate Degree 20.42 7.74
Expenditures per Student 11,885 11,885
Students per Teacher 14.8 14.8

Elementary Schools near Somerset, VA

School Grades Students P/T Ratio ZIP
Gordon-Barbour Elementary PK - 05 415 17.3 22942
Madison Primary School PK - 02 466 16.4 22727
Orange Elementary School PK - 05 655 18.2 22960
Ruckersville Elementary School KG - 05 608 17.9 22968
Waverly Yowell Elementary School 03 - 05 422 16.6 22727

Middle Schools near Somerset, VA

School Grades Students P/T Ratio ZIP
Prospect Heights Middle School 06 - 08 542 15.1 22960
William H. Wetsel Middle 06 - 08 415 11.9 22727

High Schools near Somerset, VA

School Grades Students P/T Ratio ZIP
Madison County High School 09 - 12 562 12.9 22727
Orange County High School 09 - 12 1,499 15.8 22960

Ungraded Schools near Somerset, VA

School Grades Students P/T Ratio ZIP
Redirection Alt. Ed. UG - UG 0 22960
Turning Point Alt. Ed. UG - UG 0 22960

Demographics near Somerset, VA

Metric City County
Neighborhood Type Rural
Population 392 36,001
Population Density 27 106
Median Age 53.6 42.5
People per Household 1.9 2.5
Median Household Income 83,810 79,211
Average Income per Capita 58,897 36,839