Somerset County, NJ Housing Market Trends

Market Overview for Q2 2026

$610K -1.6% Y-o-Y -$10K Y-o-Y
$352 0.3% Y-o-Y $1 Y-o-Y
472 -55.8% Y-o-Y -595 Y-o-Y
Somerset County, NJ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $443,000 $492,000 $500,000 $480,000
2023 $455,000 $540,000 $560,000 $520,000
2024 $500,000 $603,000 $623,000 $595,000
2025 $525,000 $620,000 $655,000 $600,000
2026 0 $610,000
Somerset County, NJ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $261 $279 $283 $273
2023 $272 $298 $307 $300
2024 $309 $335 $338 $329
2025 $328 $351 $350 $339
2026 0 $352
Real Estate Transactions in Somerset County, NJ
Year Q1 Q2 Q3 Q4
2022 1,072 1,472 1,547 1,105
2023 732 1,015 1,184 896
2024 666 1,056 1,245 1,003
2025 679 1,067 1,197 901
2026 0 472
Somerset County, NJ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $443,000 $492,000 $500,000 $480,000
2023 $455,000 $540,000 $560,000 $520,000
2024 $500,000 $603,000 $623,000 $595,000
2025 $525,000 $620,000 $655,000 $600,000
2026 0 $610,000
Somerset County, NJ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $261 $279 $283 $273
2023 $272 $298 $307 $300
2024 $309 $335 $338 $329
2025 $328 $351 $350 $339
2026 0 $352
Real Estate Transactions in Somerset County, NJ
Year Q1 Q2 Q3 Q4
2022 1,072 1,472 1,547 1,105
2023 732 1,015 1,184 896
2024 666 1,056 1,245 1,003
2025 679 1,067 1,197 901
2026 0 472

Somerset County, NJ Housing Stock

Property Type
Units

Somerset County: Demographics

Total population
349,846
Median age
41.8
No high school education
2.9%
Some high school/college
22.5%
Bachelor's degree
30.4%
Average household income
$191,543
Occupied housing units
130,802
Owner-occupied units
74.3%
Renter-occupied units
25.7%
Median year structure built
1982

Discover City-Level Housing Market Prices and Trends in Somerset County, NJ

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City
Median Sale Price