Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | - | 1 | 5 | 20 |
| 5-10 acres | - | 1 | 2 | 5 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 10 | 33 |
Acreage buckets
The median price for land in Somerset, Wisconsin is currently $51K per acre. For a typical parcel, the median sale price is $185K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $112K while premium lots reached $349K.
Somerset, Wisconsin is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Somerset, Wisconsin currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 12 active listings in Somerset, Wisconsin. 6 new listings have hit the market in the last 90 days. The median asking price is $235K.
The 3-month absorption rate in Somerset, Wisconsin is 11.1%. The 12-month rate is 22.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Somerset, Wisconsin saw 33 properties sold, totaling $7.2M in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Somerset, Wisconsin is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Property Executives Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Somerset on LandyDandy.
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