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County Overview

Somerset County, NJ

Aggregate real estate market report across county ZIPs
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Somerset County, NJ real estate market currently shows 573 active listings, with 254 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.

The median listing price has fallen 6.9% year-over-year, from $647,000 to $602,250.

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Market Context

Market Context

Population: 323,483  ·  Density: 663.8/mi²  ·  Median household income: $143,556

Typical home value: $533,292  ·  Homeownership: 76.5%

Included Areas

Basking Ridge: 07920

Bedminster: 07921

Belle Mead: 08502

Bernardsville: 07924

Blawenburg: 08504

Bound Brook: 08805

Bridgewater: 08807

Dunellen: 08812

Far Hills: 07931

Flagtown: 08821

Franklin Park: 08823

Gladstone: 07934

Hillsborough: 08844

Kingston: 08528

Area Map

Market Overview

Active Listings
573
⇩ 1.2% vs 580 last year
Pending
254
44% pending ratio
Median Price
$602,250
⇩ 6.9% vs $647,000 last year
Average Price
$996,156
⇧ 5.3% vs $946,437 last year
Days on Market
36
⇧ 2.9% vs 35 days last year

Price Per Square Foot

Median $/sqft
$339
⇧ 2.1% vs $332/sqft last year
Median Home Size
1,880 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 174.3%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %