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City / Town Overview

Somerset, NJ

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
107
⇧ 33.8% vs 80 last year
Pending
53
50% pending ratio
Median Price
$564,450
⇧ 16.2% vs $485,925 last year
Average Price
$605,002
⇩ 2.4% vs $620,014 last year
Days on Market
61
⇧ 29.8% vs 47 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Somerset, NJ real estate market currently shows 107 active listings, with 53 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 47 days last year.

The median listing price has risen 16.2% year-over-year, from $485,925 to $564,450.

Whether you are buying or selling in Somerset, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Somerset: 08873, 08875

Market Context

ZIP coverage: 2  ·  Population: 55,342  ·  Median household income: $110,396

Typical home value: $410,772  ·  Homeownership rate: 67.9%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings