Market Summary

Somerset, King County, WA

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Median Home Price Price

$1,896,813 $1.9M

Median Monthly Rent Rent

$3,400 $3.4K

GRM

46.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within King County

Region Price Rent GRM Display
$1,981,778 $2,917 57.0x
$1,290,214 $3,030 35.0x
$1,956,546 $3,047 54.0x
$1,293,410 $2,902 37.0x
$1,537,316 $2,983 43.0x
$2,059,055 $3,131 55.0x
$1,580,337 $2,985 44.0x
$1,429,895 $2,888 41.0x
$1,121,526 $3,047 31.0x
$1,845,285 $3,924 39.0x
$1,567,141 $4,017 33.0x
$1,555,411 $2,987 44.0x
$1,462,465 $2,948 41.0x
$1,531,552 $2,961 43.0x
$2,268,771 $3,303 57.0x
$2,137,170 $2,433 73.0x
$2,400,061 $3,298 60.0x
$1,547,785 $3,089 42.0x
$1,312,619 $2,147 51.0x
$1,244,506 $3,390 30.0x
$1,386,766 $2,598 45.0x
$1,307,312 $3,055 36.0x
$1,265,533 $2,853 37.0x
$1,671,487 $2,983 47.0x
$2,089,758 $2,815 62.0x
$1,943,498 $2,955 55.0x
$1,895,280 $3,355 47.0x
$1,654,287 $2,942 47.0x

Home prices

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Monthly rent

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GRM

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Similar markets within WA outside of King County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of WA

Region Price Rent GRM Display
$1,195,703 $3,605 27.0x
$2,119,095 $3,665 48.0x
$2,085,204 $3,410 50.0x
$3,173,497 $3,428 76.0x
$1,167,992 $1,864 52.0x
$2,643,472 $3,835 57.0x
$1,429,017 $3,210 37.0x
$2,224,013 $3,341 55.0x

Home prices

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Monthly rent

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GRM

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Somerset

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Trend Insights

Median Rent in Somerset, WA is $3,400, with MoM change +$43 and YoY change +$293 pointing to positive momentum while volatility is low (std $77).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Somerset, WA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Somerset, WA
Compare market Select a market
Delta vs base
Median rent
$3,400
N/A
Median price
$1,896,813
N/A
YoY change
+$293
N/A
Price-to-rent
46.5x
Data unavailable
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