$900K
5.9% Y-o-Y
$50K Y-o-Y
Basking Ridge, NJ Housing Market Trends
Market Overview for Q2 2026
$427
5.4% Y-o-Y
$22 Y-o-Y
63
-37.6% Y-o-Y
-38 Y-o-Y
$638K
18% Y-o-Y
$98K Y-o-Y
Basking Ridge, NJ Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $550,000 | $736,000 | $741,000 | $525,000 |
| 2023 | $534,000 | $723,000 | $875,000 | $658,000 |
| 2024 | $598,000 | $746,000 | $900,000 | $725,000 |
| 2025 | $602,000 | $850,000 | $890,000 | $720,000 |
| 2026 | 0 | $900,000 |
Basking Ridge, NJ Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $296 | $320 | $328 | $306 |
| 2023 | $337 | $337 | $364 | $345 |
| 2024 | $347 | $401 | $401 | $387 |
| 2025 | $356 | $405 | $410 | $400 |
| 2026 | 0 | $427 |
Real Estate Transactions in Basking Ridge, NJ
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 104 | 136 | 168 | 98 |
| 2023 | 64 | 116 | 119 | 78 |
| 2024 | 62 | 113 | 146 | 93 |
| 2025 | 50 | 101 | 120 | 75 |
| 2026 | 0 | 63 |
Somerset County 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 |
Basking Ridge, NJ Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $550,000 | $736,000 | $741,000 | $525,000 |
| 2023 | $534,000 | $723,000 | $875,000 | $658,000 |
| 2024 | $598,000 | $746,000 | $900,000 | $725,000 |
| 2025 | $602,000 | $850,000 | $890,000 | $720,000 |
| 2026 | 0 | $900,000 |
Basking Ridge, NJ Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $296 | $320 | $328 | $306 |
| 2023 | $337 | $337 | $364 | $345 |
| 2024 | $347 | $401 | $401 | $387 |
| 2025 | $356 | $405 | $410 | $400 |
| 2026 | 0 | $427 |
Real Estate Transactions in Basking Ridge, NJ
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 104 | 136 | 168 | 98 |
| 2023 | 64 | 116 | 119 | 78 |
| 2024 | 62 | 113 | 146 | 93 |
| 2025 | 50 | 101 | 120 | 75 |
| 2026 | 0 | 63 |
Somerset County 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 |
Basking Ridge, NJ Housing Stock
Property Type
Units
Somerset County: Demographics
Total population
7,917
Median age
46.7
No high school education
0.2%
Some high school/college
12.7%
Bachelor's degree
37.1%
Average household income
$291,139
Occupied housing units
2,987
Owner-occupied units
83.9%
Renter-occupied units
16.1%
Median year structure built
1972
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