What the Pros Know
127
MyMarketPulse Score
115 Price
139 Volume
8/2024UPDATES IN YOUR INBOX
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348,842
Population
0.5% YoY
202340.8
Median Age
2.4% YoY
2022$131,948
Median Household Income
8.4% YoY
2022184,313
Labor Force
0.7% MoM
0.1% YoY
8/2024175,588
Employed
0.7% MoM
0.3% YoY
8/20244.7%
Unemployment Rate
2.1% MoM
9.3% YoY
8/2024$662,000
Median Sale Price
1.2% MoM
16.9% YoY
8/2024376
Homes Sold
5.6% MoM
3.6% YoY
8/20240.9
Months Inventory
17.3% MoM
15% YoY
8/202419
Days on Market
0 MoM
0 YoY
8/2024324
Listings
21.5% MoM
13.8% YoY
8/2024104.9%
Sale Price to List Price
0.5% MoM
0.2% YoY
8/2024Cities 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
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.