Somerset County, NJ home prices
Somerset County, NJ: the typical home is worth $666,922 as of 2026-05, up +1.7% over the past year and +176.6% since 2000. Listings run about $344/sq ft…
Somerset County is cooling and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $50,016 → 2026: $666,922 (13.3×) pre-2000 estimated via FHFA index
Market read
At $666,922, homes in Somerset County sit 14% above the New Jersey median ($587,181) and 185% above the US median ($233,954). That ranks #6 of 21 New Jersey counties by price.
Prices are holding steady (+1.7% in the last year) — a balanced market.
Homes here move at a steady pace — a median 31 days on the market, with 9% of listings cutting their asking price.
At 4.8× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~23% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$3,292/mo (P&I, 20% down) vs $2,663/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Middlesex County, NJ ($587,181) · Hunterdon County, NJ ($636,562) · Union County, NJ ($633,082) · Mercer County, NJ ($446,376) · Morris County, NJ ($713,369) · Essex County, NJ ($668,383)
Frequently asked questions
What is the average home price in Somerset County, NJ?
Are home prices in Somerset County rising or falling?
Is Somerset County affordable?
What is the rental yield in Somerset County?
How fast do homes sell in Somerset County?
| Year | Median home value |
|---|---|
| 2000 | $241,109 |
| 2001 | $267,299 |
| 2002 | $300,106 |
| 2003 | $340,487 |
| 2004 | $372,752 |
| 2005 | $427,459 |
| 2006 | $475,499 |
| 2007 | $476,097 |
| 2008 | $458,290 |
| 2009 | $424,410 |
| 2010 | $413,557 |
| 2011 | $402,994 |
| 2012 | $386,522 |
| 2013 | $374,708 |
| 2014 | $387,410 |
| 2015 | $404,137 |
| 2016 | $410,764 |
| 2017 | $419,222 |
| 2018 | $431,043 |
| 2019 | $440,874 |
| 2020 | $445,463 |
| 2021 | $476,805 |
| 2022 | $517,285 |
| 2023 | $551,862 |
| 2024 | $602,814 |
| 2025 | $651,400 |
| 2026 | $661,260 |