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$1,025,000
Median Sale Price
5.8% MoM
16.2% YoY
7/202434
Homes Sold
25.9% MoM
9.7% YoY
7/20240.4
Months Inventory
47.1% MoM
112.7% YoY
7/202421
Days on Market
50 MoM
400 YoY
7/202414
Listings
36.4% MoM
133.3% YoY
7/2024104.2%
Sale Price to List Price
0.7% MoM
1.2% YoY
7/2024
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.