Why Live in Somerset Reservoir
Somerset Reservoir is a small, family-oriented neighborhood featuring approximately 250 single-family homes. The area is known for its well-maintained lawns, averaging about a half-acre, and a mix of home styles including ranch-style, Cape Cods, Millennium Mansions, and New Traditional homes. Built between the 1960s and early 2000s, these homes are framed by mature trees, with some properties backing directly onto the reservoir, which is not used for swimming. Many homes have backyard pools. The neighborhood has a crime rate lower than the national average, contributing to its appeal. While primarily residential, Somerset Reservoir is close to dining options like Somerset Grille and Agoro’s Pizza Bar & Grill along County Street. For recreation, residents frequent Pierce Beach on the Taunton River, which offers swimming, a baseball field, and a playground. Village Waterfront Park provides public boat launches and fishing spots. Grocery shopping is available at Auclair’s Market and chain stores along U.S. Highway 6. Downtown Fall River, less than 10 miles away, features attractions such as the Children’s Museum of Greater Fall River and Battleship Cove. The upcoming South Coast Rail will enhance connectivity to Boston by spring 2025.
Frequently Asked Questions
Is Somerset Reservoir a good place to live?
Somerset Reservoir is a good place to live. Somerset Reservoir is considered very car-dependent and somewhat bikeable. Somerset Reservoir is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Somerset Reservoir has 2 parks for recreational activities. It has a median age of 45. The average household income is $124,922 which is above the national average. College graduates make up 31.5% of residents. A majority of residents in Somerset Reservoir are home owners, with 3.9% of residents renting and 96.1% of residents owning their home. A
local real estate agent serving Somerset Reservoir can help you decide if this neighborhood is the right one for you. Learn more on our
Somerset Reservoir neighborhood guide.
Is Somerset Reservoir, MA a safe neighborhood?
Somerset Reservoir, MA is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Somerset Reservoir?
The median home price in Somerset Reservoir is $275,000. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $61K a year to afford the median home price in Somerset Reservoir. The average household income in Somerset Reservoir is $125K.
What are the best public schools in Somerset Reservoir?
The best public schools that serve Somerset Reservoir are:
What are the most popular zip codes in Somerset Reservoir, Somerset, MA?
What are the most popular neighborhoods near Somerset Reservoir, Somerset, MA?
Are home prices dropping in Somerset Reservoir?
Yes, home prices in Somerset Reservoir are down 42% in the last 12 months.
Home Trends in Somerset Reservoir, MA
On average, homes in Somerset Reservoir, Somerset sell after 10 days on the market compared to the national average of 70 days. The median sale price for homes in Somerset Reservoir, Somerset over the last 12 months is $258,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$258,000
Average Price Per Sq Ft
$261
Number of Homes for Sale
0
Last 12 months Home Sales
3
Median List Price
$275,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-29%