NJ Market Dashboard
Somerset County
Last updated: February 2026
Median Sale Price
$585K
Days on Market
52 days
Active Listings
353
Sale vs. Ask Price
100.18%
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 — Feb 2026
Sale vs. Ask Price
Above 100% = homes sold for more than asking price
Market Health Score
Composite index across 4 demand & supply factors
What This Means For You
Data-driven takeaways for buyers, sellers, and investors in Somerset County right now.
For Buyers
Competitive- →This is a competitive seller's market. Come prepared with pre-approval in hand and be ready to move quickly on well-priced homes.
- →Days on market are up 73.3% 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 100.18% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.
For Sellers
Strong Demand- →Median prices are up 17% year-over-year. The market is rewarding sellers who price with the trend, not against it.
- →Homes priced correctly are selling at 100.18% 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- →With prices up 17% year-over-year, Somerset County continues to build equity for existing owners. Entry-level and value-add properties offer the best basis.
- →Relative affordability (score: 45/100) compared to neighboring counties makes this an attractive target for both buy-and-hold and fix-and-flip strategies.
- →DOM of 52 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.
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Read →Explore Nearby Counties
Ready to act on this data?
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