Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Somerset County is cooling and overvalued — affordable for what people here earn.

Momentum+1.7%Cooling
Valuation+23%Elevated
Affordability7/10Affordable
Market31 daysSeller's market

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

Typical value$666,9222026-05
1-year+1.7%
5-year+34.6%
10-year+60.9%
Since 2000+176.6%
Population357k2024
Median income$140,2422023 · 4.8× income
Median rent$2,663/mo2026 · 4.8% gross yield
New homes/yr6352024
Price / sq ft$344listings
Days on market312026-06
Active listings6272026-06
Price cuts9%of listings

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 →

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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?
The typical home in Somerset County is worth $666,922 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Somerset County rising or falling?
Prices are up +1.7% over the past year and +176.6% since 2000 — a balanced market.
Is Somerset County affordable?
At 4.8× the local median income of $140,242, Somerset County is pricier than the typical US county.
What is the rental yield in Somerset County?
Median rent is $2,663/mo — a gross rental yield of 4.8% on the typical home.
How fast do homes sell in Somerset County?
Homes here take a median of 31 days to sell, with 9% of listings cutting their asking price.
Median home value by year
YearMedian 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