What the Pros Know
Market Snapshot
Zip Code 8812 | Somerset County, NJ
14,054
Population
YoY
202240.7
Median Age
YoY
2022$115,481
Median Household Income
YoY
2022$531,712
Median Sale Price
0.3% MoM
3.8% YoY
7/202435
Homes Sold
16.7% MoM
23.9% YoY
7/20241.1
Months Inventory
168.2% MoM
177.5% YoY
7/202440
Days on Market
1800 MoM
1800 YoY
7/202438
Listings
72.7% MoM
100.0% YoY
7/2024105.5%
Sale Price to List Price
0.6% MoM
2.1% 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.