What the Pros Know
Market Snapshot
Zip Code 8805 | Somerset County, NJ
14,173
Population
YoY
202236.9
Median Age
YoY
2022$82,200
Median Household Income
YoY
2022$450,000
Median Sale Price
0.9% MoM
5.9% YoY
7/202420
Homes Sold
9.1% MoM
20.0% YoY
7/20240.3
Months Inventory
40% MoM
25% YoY
7/202420
Days on Market
150 MoM
50 YoY
7/20246
Listings
50.0% MoM
40.0% YoY
7/2024108.3%
Sale Price to List Price
1.1% 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.