What the Pros Know
Market Snapshot
Zip Code 8502 | Somerset County, NJ
11,603
Population
YoY
202242.1
Median Age
YoY
2022$229,272
Median Household Income
YoY
2022$1,107,500
Median Sale Price
16.6% MoM
13.6% YoY
6/202534
Homes Sold
30.8% MoM
12.8% YoY
6/20250.1
Months Inventory
71.3% MoM
88.7% YoY
6/202521
Days on Market
1 MoM
1 YoY
6/20253
Listings
62.5% MoM
81.3% YoY
6/2025344
Price per Sq Ft
3.6% MoM
2.1% YoY
6/2025
See 8502 on Zillow
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.