Somerset IN Land for Sale

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Somerset Real Estate

The median home value in Somerset, IN is $121,600. This is lower than the county median home value of $153,600. The national median home value is $338,100. The average price of homes sold in Somerset, IN is $121,600. Approximately 74.86% of Somerset homes are owned, compared to 12.57% rented, while 12.57% 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, Indiana has a population of 361. Somerset is more family-centric than the surrounding county with 30.63% of the households containing married families with children. The county average for households married with children is 26.52%.

The median household income in Somerset, Indiana is $76,250. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in Somerset is 56.6 years.

Somerset Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 40.5 inches per year, with 29.2 inches of snow per year.

Somerset Real Estate Market Conditions

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  • # Active listings

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Somerset Schools and Demographics

Education near Somerset, IN

Metric City County
High School Graduates 71.19 89.87
College Degree - 2 year 9.49 8.91
College Degree - 4 year 6.1 19.88
Graduate Degree 2.71 6.71
Expenditures per Student 12,115 12,115
Students per Teacher 15.3 15.3

Elementary Schools near Somerset, IN

School Grades Students P/T Ratio ZIP
Converse Elementary School PK - 02 399 17.6 46919
Metro North Elementary School KG - 03 340 20 46992
O J Neighbours Elementary School PK - 04 616 19.3 46992
Sharp Creek Elementary School KG - 06 253 16.9 46992
Southwood Elementary School KG - 06 507 18.1 46992
Sweetser Elementary School 03 - 04 240 16 46987

Middle Schools near Somerset, IN

School Grades Students P/T Ratio ZIP
Lafontaine Elementary School 06 - 06 181 9.8 46940
Oak Hill Junior High School 07 - 08 301 12.8 46919
Wabash Middle School 05 - 08 432 13.1 46992

High Schools near Somerset, IN

School Grades Students P/T Ratio ZIP
Northfield Junior/Senior High School 07 - 12 509 17.4 46992
Oak Hill High School 09 - 12 484 14.7 46919
Southwood Junior/Senior High School 07 - 12 516 14.8 46992
Wabash High School 09 - 12 418 14.2 46992
White's Junior-Senior High School 07 - 12 109 10.9 46992

Ungraded Schools near Somerset, IN

School Grades Students P/T Ratio ZIP
Wabash/Miami Area Prog. Excpt PK - 12 0 46992

Demographics near Somerset, IN

Metric City County
Neighborhood Type Suburban
Population 361 31,120
Population Density 543 75
Median Age 56.6 42.4
People per Household 2.3 2.3
Median Household Income 76,250 59,611
Average Income per Capita 31,477 28,608