The median home value in Somerset, MI is $108,300. This is lower than the county median home value of $123,100. The national median home value is $219,700. The average price of homes sold in Somerset, MI is $108,300. Approximately 69.51% of Somerset homes are owned, compared to 10.84% rented, while 19.65% 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, Michigan has a population of 4,563. Somerset is less family-centric than the surrounding county with 21.36% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Somerset, Michigan is $57,228. The median household income for the surrounding county is $46,160 compared to the national median of $57,652. The median age of people living in Somerset is 51.1 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 35.4 inches per year, with 38.2 inches of snow per year.