What the Pros Know
Market Snapshot
Zip Code 7931 | Somerset County, NJ
3,399
Population
YoY
202247.3
Median Age
YoY
2022$155,703
Median Household Income
YoY
2022$1,900,000
Median Sale Price
40.7% MoM
15.2% YoY
7/202417
Homes Sold
0.0% MoM
54.5% YoY
7/20241.0
Months Inventory
5.6% MoM
31.3% YoY
7/202419
Days on Market
300 MoM
3300 YoY
7/202417
Listings
5.6% MoM
6.3% YoY
7/2024102.6%
Sale Price to List Price
0.2% MoM
2.9% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.