Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 73,255 ↓ 1.2% since 2020 |
| Median Household Income | $59,378 20% below national median |
| Median Home Value | $130,600 |
| Unemployment Rate | 5.3% |
| Median Age | 47.0 years |
| Housing Vacancy Rate | 23.1% |
| Total Land Sales (Past 12 Months) | 196 transactions |
| Active Listings | 99 properties |
| Avg Days on Market | 381 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,000 |
| Recent Sales | 105 transactions |
| Avg Days on Market | 403 days |
| Avg Parcel Size | 21.60 acres |
| Active Listings | 45 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 144.00 | $387,500 | $2,691 | Garrett |
| Jan 2026 | 259.00 | $387,500 | $1,496 | Garrett |
| Jan 2026 | 1.10 | $5,000 | $4,545 | Somerset |
| Jan 2026 | 1.00 | $65,000 | $65,000 | Rockwood |
| Jan 2026 | 5.50 | $48,000 | $8,727 | Central City |
| Dec 2025 | 5.41 | $31,000 | $5,730 | Central City |
| Dec 2025 | 3.49 | $29,000 | $8,309 | New Paris |
| Dec 2025 | 416.76 | $1,206,950 | $2,896 | Cairnbrook |
| Dec 2025 | 1.40 | $25,000 | $17,857 | Rockwood |
| Nov 2025 | 3.50 | $36,000 | $10,286 | Boswell |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $25,000 |
| Recent Sales | 91 transactions |
| Avg Days on Market | 357 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 54 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.25 | $35,000 | Berlin |
| Mar 2026 | 0.28 | $35,000 | Berlin |
| Mar 2026 | 0.25 | $35,000 | Berlin |
| Mar 2026 | 0.28 | $35,000 | Berlin |
| Feb 2026 | 0.50 | $17,000 | Stoystown |
| Feb 2026 | 0.53 | $35,000 | Stoystown |
| Feb 2026 | 0.53 | $35,000 | Stoystown |
| Feb 2026 | 0.50 | $17,000 | Stoystown |
| Feb 2026 | 0.15 | $5,000 | Rockwood |
| Jan 2026 | 0.91 | $16,500 | Garrett |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 73,255 |
| Population (2020) | 74,129 |
| Population Growth | -1.18% |
| Median Household Income | $59,378 |
| Median Home Value | $130,600 |
| Total Housing Units | 37,800 |
| Vacant Housing Units | 8,729 |
| Housing Vacancy Rate | 23.1% |
| Median Age | 47.0 |
| Bachelor's Degree or Higher | 6,080 (8.3%) |
| Unemployment Rate (BLS) | 4.4% |
Market Overview
Somerset County, Pennsylvania has a population of 73,255, which has declined 1.18% since 2020. The median household income is $59,378, below the national median of $74,580 by 20.4%. With a median home value of $130,600 and an unemployment rate of 4.4%, the local economy is moderate. The housing vacancy rate of 23.1% suggests soft market conditions. As part of Pennsylvania, Somerset County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $8,000 per acre, with properties averaging 21.60 acres. There are currently 99 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Somerset County, Pennsylvania?
As of the 2023 American Community Survey, Somerset County has a population of 73,255. The county has declined 1.18% since the 2020 Census.
What is the median household income in Somerset County?
The median household income in Somerset County is $59,378, which is 20.4% below the national median of $74,580.
Is Somerset County growing or shrinking?
Somerset County is shrinking. The population has declined 1.18% since 2020.
What is the housing market like in Somerset County?
The median home value in Somerset County is $130,600. The housing vacancy rate is 23.1%, which suggests soft market conditions. The unemployment rate is 4.4%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $8,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $25,000.
Does Reelvest buy land in Somerset County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Somerset County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.