Is Somerset, MA 02725 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Somerset is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$384▲ +16.0% vs. last year

The Somerset housing market right now

In the three months ending August 31, 2026, 0% of homes in Somerset, MA 02725 sold above their list price, the typical home went under contract in 53 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 64%, homes sold more slowly (18 days then) and the median sale price rose 18% to $579,749. Overall, Somerset is less competitive than a year ago, which gives buyers more room.

Within Bristol County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Attleboro Falls 02763 (80% sold over asking) and Fall River 02724 (70% sold over asking) are even more competitive.

Nearby markets

Acushnet 02743Seller’s market $288 /sq ftAssonet 02702Balanced $293 /sq ftAttleboro 02703Seller’s market $316 /sq ftAttleboro Falls 02763Seller’s market $286 /sq ft Browse all markets →

Where Somerset is

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Questions about Somerset real estate

Is Somerset a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Somerset, MA 02725 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Somerset?

The typical home went under contract in 53 days in the latest three months.

Do homes in Somerset sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Somerset?

About 1.07% of a home’s value a year in Bristol County, or roughly $4,280 on a $400,000 home.

What is the median home price in Somerset?

The median sale price was $579,749 in the three months ending August 31, 2026, about $384 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology