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County Overview

Somerset County, NJ

Aggregate real estate market report across county ZIPs
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Somerset County, NJ real estate market currently shows 682 active listings, with 294 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 25 days on market compared to 27 days last year.

The median listing price has fallen 6% year-over-year, from $675,000 to $634,225.

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Market Context

Market Context

Population: 323,483  ·  Density: 663.8/mi²  ·  Median household income: $143,556

Typical home value: $533,292  ·  Homeownership: 76.5%

Included Areas

Basking Ridge: 07920

Bedminster: 07921

Belle Mead: 08502

Bernardsville: 07924

Blawenburg: 08504

Bound Brook: 08805

Bridgewater: 08807

Dunellen: 08812

Far Hills: 07931

Flagtown: 08821

Franklin Park: 08823

Gladstone: 07934

Hillsborough: 08844

Kingston: 08528

Area Map

Market Overview

Active Listings
682
⇩ 1.2% vs 690 last year
Pending
294
43% pending ratio
Median Price
$634,225
⇩ 6% vs $675,000 last year
Average Price
$1,003,522
⇧ 3% vs $974,677 last year
Days on Market
25
⇩ 7.4% vs 27 days last year

Price Per Square Foot

Median $/sqft
$341
⇧ 2.7% vs $332/sqft last year
Median Home Size
1,893 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 9.2% vs 0.1% last year
Price Increased
0%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %