NJ Market Dashboard
Somerset County
Last updated: May 2026
Median Sale Price
$636K
Days on Market
20 days
Active Listings
1,041
Sale vs. Ask Price
103.66%
Median Sale Price Trend
12-month rolling median — Somerset County
Days on Market
Green = below average (faster sales)
Inventory Levels
Active vs. new listings — monthly
Price Per Sqft by City
Ranked highest to lowest — May 2026
Sale vs. Ask Price
Above 100% = homes sold for more than asking price
Market Health Score
Composite of price momentum, inventory tightness, and demand strength
Zillow 12-Month Forecast
Projected home value change · Zillow Research
+1.1%
Modest growth expected. The market is stabilizing — a reasonable window for both buyers and sellers.
Price Per Sqft by City
Ranked by price per square foot. County average: $368/sqft. Click column headers to re-sort.
| City↕ | Price / Sqft↓ | vs. County Avg |
|---|---|---|
| Bedminster | $492 | +33.7% |
| Bound Brook | $396 | +7.6% |
| Far Hills | $389 | +5.7% |
| Bridgewater | $366 | -0.5% |
| Somerville | $361 | -1.9% |
| Bernardsville | $327 | -11.1% |
| Hillsborough | $314 | -14.7% |
| Franklin | $270 | -26.6% |
What This Means For You
Data-driven takeaways for buyers, sellers, and investors in Somerset County right now.
For Buyers
Balanced- →Conditions are balanced — neither buyers nor sellers hold a strong advantage. Fair pricing and solid preparation win deals.
- →Days on market are up 11.1% year-over-year, meaning homes are sitting longer. Use this time to get thorough inspections done before making offers.
- →Homes still sell above asking at 103.66% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.
For Sellers
Balanced- →Median prices are down 1.5% from a year ago. Overpricing will cause your home to sit — price at market from day one to generate real interest.
- →Homes priced correctly are selling at 103.66% of list price — above asking. This only happens when you price strategically, not aspirationally.
- →Strong demand means a well-prepared home can generate multiple offers. Don't leave money on the table — prep properly and list at the right time.
- →Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.
For Investors
Monitor- →Relative affordability (score: 38/100) compared to neighboring counties makes this an attractive target for both buy-and-hold and fix-and-flip strategies.
- →DOM of 20 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.
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