What is the median home price in Somersett, Reno?

The median home price in Somersett is $817,500, up 8% year-over-year. Homes sell in a median of 88 days. The sale-to-list ratio is 98.04%.

How much does it cost to sell a home in Somersett?

On a $817,500 home in Somersett, a traditional agent charges around 3% — about $24,525. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $21,026 while getting MLS listing and expert support.

How long does it take to sell a home in Somersett?

The median home in Somersett spends 88 days on market. 11.54% of listings go pending within two weeks. 25 homes sold recently in this neighborhood.

Is Somersett a good neighborhood to sell in right now?

Somersett had 25 homes sell recently at a median of $817,500. Sellers are getting 98.04% of their asking price. 8% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Nevada/Reno

Somersett · Reno, NV

Is Now a Good Time to Sell in Somersett, Reno?

The median home in Somersett sells for $817,500 with prices up 8% year-over-year. Ridley's flat fee saves you $21,026.

Somersett Real Estate Market Conditions

48out of 100

Ridley Sell Score

How it's scored →

Cooling

48/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Somersett market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Nevada average is 4.3.

Price MomentumNeutral

Prices up 7.565789474% year-over-year — vs. +1.4% statewide.

Seller LeverageNeutral

Homes selling at 98.04% of asking — buyers are negotiating 2% below list. Nevada average is 96.5%.

Bidding ActivityFavors buyers

8% of homes selling above list price — 33% below the Nevada average of 12%.

Sale SpeedFavors buyers

88 median days on market — 36 days faster than the Nevada average.

Market UrgencyFavors buyers

11.54% of listings go pending within 2 weeks — vs. 24.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Nevada average is 20.5%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$817,500

+8%

Days on Market

Price per Sq Ft

$354

Sale-to-List Ratio

98.04%

Homes Sold

Sold Above List

Pending in 2 Weeks

11.54%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Reno — delivered monthly.

Your savings

How much can you save selling in Somersett?

$0Estimated savings

That could fund a full kitchen remodel — save 2.6% of your home value

Your Somersett home value

$817,500

$50,000$10M

Traditional Agent (3%)

$24,525

Ridley Pro (flat fee)

$3,499

Ready to sell in Somersett?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Somersett

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$24,525	$3,499	$999
Buyer agent	$22,8902.8% avg	$16,350~2% avg	$16,350~2% avg
Closing costs (~1.5%)	$12,263	$12,263	$12,263
Total cost	$59,678	$32,112	$29,612
You save	—	$21,026	$23,526

Based on the Somersett median home price of $817,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Somersett

A flat fee of $3,499 instead of the typical $24,525 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Somersett market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Somersett buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $21,026 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Somersett

Ready to sell in Somersett?

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Explore nearby

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