House Prices

House Prices & Home Values Somerset Center, MI 2026


Average Data

average house price$247,500
average size per house2978 ft²
average price per ft²84 $ / ft²

04/22/2026 - The value range (VR) for house prices in Somerset Center, MI is $148/ sqft to $148/ sqft. An average home with 2978 sqft costs approximately $440,744 to $440,744. Somerset Center, MI includes 1 ZIP codes and it is located in Hillsdale county. The lowest prices are found in ZIP 49282, while the highest are in ZIP 49282. The average price per sqare feet is $84. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Somerset Center

49282135 $ / ft²




Historical development of home values in Somerset Center

Year Estimated value (USD) Change vs. 2025
2010 $114,943 -53.6%
2011 $110,499 -55.4%
2012 $110,201 -55.5%
2013 $114,320 -53.8%
2014 $120,005 -51.5%
2015 $126,164 -49.0%
2016 $132,748 -46.4%
2017 $139,913 -43.5%
2018 $147,648 -40.3%
2019 $154,494 -37.6%
2020 $162,481 -34.4%
2021 $184,804 -25.3%
2022 $215,440 -13.0%
2023 $227,192 -8.2%
2024 $240,335 -2.9%
2025 $247,500 0.0%

Graph: estimated home values in Somerset Center over time (USD)



Example: 100% financing house in Somerset Center

Loan amount: $247,500

Interest rate: 6.00%

Fixed monthly payment: $1,483.89

Breakdown in the 1st month:
Interest portion: $1,237.50  –  Principal portion: $246.39

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,767.32 $3,039.33 $244,460.67
2 $14,579.86 $3,226.79 $241,233.88
3 $14,380.84 $3,425.81 $237,808.07
4 $14,169.54 $3,637.11 $234,170.97
5 $13,945.22 $3,861.43 $230,309.53
6 $13,707.05 $4,099.60 $226,209.93
7 $13,454.20 $4,352.45 $221,857.48
8 $13,185.75 $4,620.90 $217,236.58
9 $12,900.74 $4,905.91 $212,330.67
10 $12,598.15 $5,208.50 $207,122.17
11 $12,276.91 $5,529.75 $201,592.42
12 $11,935.84 $5,870.81 $195,721.62
13 $11,573.74 $6,232.91 $189,488.71
14 $11,189.31 $6,617.34 $182,871.37
15 $10,781.17 $7,025.48 $175,845.89
16 $10,347.85 $7,458.80 $168,387.09
17 $9,887.81 $7,918.84 $160,468.25
18 $9,399.39 $8,407.26 $152,061.00
19 $8,880.85 $8,925.80 $143,135.20
20 $8,330.33 $9,476.32 $133,658.88
21 $7,745.85 $10,060.80 $123,598.08
22 $7,125.32 $10,681.33 $112,916.75
23 $6,466.52 $11,340.13 $101,576.62
24 $5,767.09 $12,039.56 $89,537.05
25 $5,024.51 $12,782.14 $76,754.92
26 $4,236.14 $13,570.51 $63,184.40
27 $3,399.14 $14,407.51 $48,776.89
28 $2,510.52 $15,296.14 $33,480.76
29 $1,567.08 $16,239.57 $17,241.19
30 $565.46 $17,241.19 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Somerset Center, MI


1500 sqft3900 sqft
Ø selling price$152,460$324,324
Ø fast selling$138,600$291,892
Ø high price sale$166,320$356,757

In 2026, houses in Somerset Center, MI will be offered at an average price of $84 per square foot. A 1,500 sqft home priced at $152,460 is 20.86% more expensive per square foot than a 3,900 sqft home priced at $324,324. Home prices in Somerset Center, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $224,533. Sellers who can wait longer may achieve a higher price of up to $274,429.


Somerset Center, MI: Quiet Lakeside Living in South-Central Michigan

Nestled in south-central Michigan, Somerset Center, MI is a friendly unincorporated community known for its quiet, rural character.

Located within Somerset Township in Hillsdale County, it offers small-town living with convenient access to surrounding hubs.

Location and Lifestyle

Residents enjoy four distinct seasons, from colorful autumn drives through the Irish Hills to snowy winter landscapes perfect for cozy weekends.
Tree-lined roads, farmsteads, and shimmering inland lakes create a relaxed pace of life that appeals to families, retirees, and outdoor enthusiasts.

Outdoor Recreation

The area?s centerpiece is Lake Somerset, a popular spot for boating, fishing, and sunset views along well-kept shorelines.

Nearby parks, public access sites, and country trails invite hiking, birding, kayaking, and year-round recreation close to home.

Real Estate and Community

Housing in Somerset Center ranges from lakefront homes and cabins to acreage properties and classic farmhouses, offering options for many budgets.
Local shops, services, seasonal farm markets, and community events strengthen a welcoming, neighborly atmosphere served by nearby school districts.

Access and Practical Info

Commuters appreciate straightforward routes to Jackson, Hillsdale, and Adrian for work, healthcare, and big-box shopping while keeping a peaceful home base.

With the 49282 ZIP code, a central location in the Irish Hills region, and abundant natural beauty, Somerset Center, Michigan is a smart place to live, visit, and invest.



FAQ – Home Values in Somerset Center

What is the median home value in Somerset Center in 2026?

In 2026, the typical home value in Somerset Center is about $247,500 for an average home size of 2978 square feet. This corresponds to an average price of roughly $84 per square foot.

What is the average cost per square foot in Somerset Center?

In 2026, homes in Somerset Center sell for an average of around $84 per square foot, with a typical range between $148 and $148 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Somerset Center is about 2978 square feet, with an estimated 2026 value around $247,500.



Locations close to Somerset Center, MI

Spring Arbor, MI141 $ / ft²
Springport, MI137 $ / ft²
Stockbridge, MI137 $ / ft²
Sand Creek, MI128 $ / ft²
Rives Junction, MI111 $ / ft²
Riga, MI126 $ / ft²




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