Median real estate price in the Borough Center of Somerset is $92,386, which is less expensive than 79.8% of Pennsylvania neighborhoods and 85.3% of all U.S. neighborhoods.
The average rental price in Somerset Borough Center is currently $687, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.1% of Pennsylvania neighborhoods.
Somerset Borough Center is a suburban neighborhood (based on population density) located in Somerset, Pennsylvania.
Real estate in the Borough Center of Somerset, PA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Borough Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Somerset Borough Center. The current real estate vacancy rate here is 19.3%. This is higher than the rate of vacancies in 84.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.