Home prices
The cost of the median home in Somerset is $121,400. This is approximately $24,980 (25%) higher compared to its nearby areas.Compared to the nation as a whole it is approximately $96,100 (44%) lower, and it is roughly $30,200 (19%) lower compared to the city of Columbus.
Rents
Somerset's median rent is $600 a month. In comparison to its surrounding areas it is approximately $180 (23%) lower.Compared to the US as a whole it is about $462 (43%) lower, and it is approximately $361 (37%) lower compared to the city of Columbus.
Nearby places
Glenford
Glenford is approximately 5 miles north from Somerset. Its real estate prices are a bit less expensive. Glenford's median home value is $94,200, which is $27,200 (28%) lower than Somerset. Rents there are a little more expensive. In Glenford the median rent is $792 a month, which is $192 (24%) higher than Somerset.
Junction City
Junction City is about 5 miles south of Somerset. Housing prices there are significantly less expensive. Junction City's median home value is $64,300, which works out to $57,100 (88%) lower than Somerset. Rents there are a bit more expensive. The median rent in Junction City is $716 per month, which works out to $116 (16%) higher than Somerset.
Rushville
Rushville is roughly 6 miles southwest of Somerset. Housing prices there are a bit more expensive. Rushville's median home cost is $153,600, which is $32,200 (20%) higher than Somerset. Rents there are significantly more expensive. Rushville's median monthly rent is $943, which is $343 (36%) higher than Somerset.
West Rushville
West Rushville is roughly 7 miles southwest of Somerset. The real estate prices there are substantially less expensive. The value of the median home in West Rushville is $91,700, which is $29,700 (32%) lower than Somerset. The rent there is somewhat more expensive. The median rent in West Rushville is $825 per month, which is $225 (27%) higher than Somerset.
New Lexington
New Lexington is approximately 7 miles southeast from Somerset. Its real estate prices are a lot less expensive. The price of the median home in New Lexington is $78,300, which comes out to $43,100 (55%) lower than Somerset. Rents there are fairly similar. The median rent in New Lexington is $622 per month, which comes out to $22 (3%) higher than Somerset.
