What the Pros Know
Market Snapshot
Zip Code 8807 | Somerset County, NJ
38,585
Population
YoY
202244.1
Median Age
YoY
2022$153,743
Median Household Income
YoY
2022$711,000
Median Sale Price
2.6% MoM
14.7% YoY
7/2024108
Homes Sold
16.1% MoM
4.9% YoY
7/20240.3
Months Inventory
16.6% MoM
13.9% YoY
7/202417
Days on Market
200 MoM
100 YoY
7/202431
Listings
24.4% MoM
8.8% YoY
7/2024105.0%
Sale Price to List Price
0.6% MoM
0.8% 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.