# Ilminster Property Market Summary
Ilminster, a historic market town in Somerset, demonstrates a solid property market with 3,922 properties and an average price of £216,949. The market has experienced notable growth over recent years, with average prices rising from £290,834 in 2017 to peak at nearly £400,000 in 2021-2022, reflecting the broader post-pandemic property boom that affected much of the UK. Since then, prices have moderated somewhat, settling around £354,697-£364,784 in recent complete years, suggesting a market adjustment following the exceptional growth period.
The town has maintained consistent transaction volumes, typically ranging between 130-240 sales annually during the 2017-2023 period, indicating a stable and active market. The substantial increase in 2024 sales (203 transactions) suggests renewed buyer interest. Ilminster's appeal lies in its combination of Somerset countryside living, strong community atmosphere, and relative affordability compared to larger regional centres, making it attractive to families and those seeking a quieter lifestyle whilst maintaining good access to the M5 corridor and nearby towns such as Taunton and Yeovil.
The average house price in Ilminster, Somerset is £216,949. Prices range from £10,000 to £2,240,453.
There are 3,922 properties in Ilminster with 4,999 recorded transactions since 1995.
The median house price in Ilminster is £175,000, compared to an average of £216,949.
Ilminster has 1,633 detached properties, 993 semi-detached properties, 991 terraced properties, 160 other properties.
Average house prices in Ilminster have risen by 808.8% from £81,793 in 1995 to £743,333 in 2026.
The most popular streets in Ilminster by number of properties include Lower Meadow, Blackdown View, Silver Street, Station Road, Adams Meadow.
Ilminster is located in Somerset, in the South Somerset district.