What the Pros Know

348,842

Population

0.5% YoY

2023

40.8

Median Age

2.4% YoY

2022

$131,948

Median Household Income

8.4% YoY

2022

195,447

Labor Force

0.4% MoM

5.3% YoY

7/2025

185,956

Employed

0.1% MoM

5.2% YoY

7/2025

4.9%

Unemployment Rate

6.5% MoM

2.1% YoY

7/2025

$685,000

Median Sale Price

0.4% MoM

3.5% YoY

8/2025

340

Homes Sold

10.5% MoM

9.6% YoY

8/2025

1.1

Months Inventory

4% MoM

32.4% YoY

8/2025

23

Days on Market

2 MoM

4 YoY

8/2025

388

Listings

16.4% MoM

7.2% YoY

8/2025

360

Price per Sq Ft

2.4% MoM

0.7% YoY

8/2025

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Cities included in Somerset County: Somerset, North Plainfield, Hillsborough, Bradley Gardens, Franklin Park, Somerville, Martinsville, Bound Brook, The Hills, Manville, Blackwells Mills, East Franklin, Basking Ridge, Bernardsville, Watchung, Green Knoll, Finderne, Bridgewater Center, Belle Mead, Franklin Center, Lyons, Neshanic Station, South Bound Brook, Six Mile Run, Middlebush, Ten Mile Run, Weston, Liberty Corner, Bedminster, Flagtown, Kingston, Far Hills, Griggstown, Rocky Hill, Neshanic, East Millstone, Harlingen, Pluckemin, Pleasant Plains, Skillman, East Rocky Hill, Lamington, Clyde, Zarephath, Blawenburg


Zip Codes included in Somerset County: [Click for zip code level data] 07059, 07069, 07920, 07921, 07924, 07931, 07934, 07939, 07977, 08502, 08528, 08553, 08558, 08805, 08807, 08812, 08821, 08823, 08835, 08836, 08844, 08853, 08869, 08873, 08876, 08880, 08890


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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