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Is Somerset, IN 46984 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Somerset is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list—Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft—

Run the numbers for 46984

Prefilled for 46984Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46984Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

La Fontaine 46940Balanced $127 /sq ftLagro 46941Seller’s market $72 /sq ftLaketon 46943Seller’s market $106 /sq ftNorth Manchester 46962Seller’s market $135 /sq ft Browse all markets →

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