What the Pros Know
99
MyMarketPulse Score
102 Price
96 Volume
5/2024UPDATES IN YOUR INBOX
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348,842
Population
0.5% YoY
202340.8
Median Age
2.4% YoY
2022$131,948
Median Household Income
8.4% YoY
2022181,144
Labor Force
0.9% MoM
1.2% YoY
5/2024173,948
Employed
1.3% MoM
1.9% YoY
5/20244.0%
Unemployment Rate
11.1% MoM
21.2% YoY
5/2024$587,500
Median Sale Price
4.9% MoM
2.2% YoY
5/2024276
Homes Sold
10.8% MoM
11.3% YoY
5/20241.2
Months Inventory
2.2% MoM
25.1% YoY
5/202417
Days on Market
0 MoM
0 YoY
5/2024343
Listings
3.9% MoM
17.9% YoY
5/2024106.2%
Sale Price to List Price
1.4% MoM
1.9% YoY
5/2024Cities included in Somerset County: Somerset, North Plainfield, Hillsborough, Bradley Gardens, Franklin Park, Somerville, Martinsville, Bound Brook, The Hills, Manville, Blackwells Mills, East Franklin, Basking Ridge, Bernardsville, Watchung, Green Knoll, Finderne, Bridgewater Center, Belle Mead, Franklin Center, Lyons, Neshanic Station, South Bound Brook, Six Mile Run, Middlebush, Ten Mile Run, Weston, Liberty Corner, Bedminster, Flagtown, Kingston, Far Hills, Griggstown, Rocky Hill, Neshanic, East Millstone, Harlingen, Pluckemin, Pleasant Plains, Skillman, East Rocky Hill, Lamington, Clyde, Zarephath, Blawenburg
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. 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.