42503 — Somerset, KY Home Values
Typical home value $237,355 as of August 2026 · 1st of 8 in Somerset, KY
Blue: typical home value (Zillow ZHVI) in ZIP code 42503, August 2021 to August 2026. This page shows observed data only; no forecast.
How 42503 compares in the Somerset, KY area
ZIP code 42503 (Somerset, KY) has a typical home value of $237,355 as of August 2026, ranking 1st of 8 ZIP codes tracked in the Somerset, KY area, the most expensive ZIP code in the metro. Prices here have moved +0.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.6%, from $203,583 in August 2021 to $237,355 in August 2026. Against observed rent, the typical home here sells for 16.3× the annual rent ($1,212/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Somerset, KY forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Somerset.
Population and demographics
ZIP code 42503 has a population of 25,638, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 92.7% White, 3.7% Hispanic or Latino, 1.7% Asian, 0.9% Black or African American, 0.9% two or more races, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Shopville Elementary School | 10 Shopville Rd., Somerset, KY | 1.8 mi |
| Northern Elementary School | 6155 Hwy 39, Somerset, KY | 2.5 mi |
| Northern Middle School | 650 Oak Leaf Lane, Somerset, KY | 5.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 42503?
$237,355 as of August 2026, the latest month Zillow has published observed data for.
Is 42503 an expensive ZIP code in the Somerset, KY area?
42503 ranks 1st of 8 ZIP codes in the Somerset, KY area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 42503 changed over the past year?
+0.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 42503?
The typical home price is 16.3× the observed annual rent in this ZIP code ($1,212/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 42503?
25,638, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 42503?
Shopville Elementary School (1.8 mi), Northern Elementary School (2.5 mi), Northern Middle School (5.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 42503?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Somerset, KY forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.