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County Overview

Somerset County, NJ

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

Market Analysis

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

The Somerset County, NJ real estate market currently shows 1,070 active listings, with 389 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 103 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 38 days last year.

The median listing price has fallen 1.9% year-over-year, from $677,500 to $664,500.

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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
1,070
⇧ 10.7% vs 967 last year
Pending
389
36% pending ratio
Median Price
$664,500
⇩ 1.9% vs $677,500 last year
Average Price
$940,526
⇩ 1% vs $950,274 last year
Days on Market
39
⇧ 2.6% vs 38 days last year

Price Per Square Foot

Median $/sqft
$342
⇧ 1.5% vs $337/sqft last year
Median Home Size
2,022 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%
⇧ 24% vs 0.1% last year
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 %