What the Pros Know
Market Snapshot
Zip Code 8558 | Somerset County, NJ
7,515
Population
YoY
202249.1
Median Age
YoY
2022$233,865
Median Household Income
YoY
2022$1,155,000
Median Sale Price
6.0% MoM
11.1% YoY
7/202436
Homes Sold
24.1% MoM
38.5% YoY
7/20240.4
Months Inventory
43.6% MoM
43.8% YoY
7/202432
Days on Market
800 MoM
700 YoY
7/202414
Listings
30.0% MoM
22.2% YoY
7/2024104.4%
Sale Price to List Price
0.2% MoM
0.5% 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.