Somerset, NJ Housing Statistics

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80%

Med. Home Val. NAT. AVG.

76%

Rent NAT. AVG.

14%

Owner Occ. NAT. AVG.

Somerset Housing Information

Index	Somerset	New Jersey	National
Median home price	$588,208	$555,483	$326,622
Median rent asked	$2,541	$1,825	$1,444
Avg. people per household	2.3	2.7	2.6
Owner occupied households	72.3%	64.1%	63.6%
Renter occupied households	27.7%	35.9%	36.4%

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Homes For Sale In Somerset, NJ

61 Freemont Ct

Somerset, NJ

94 Martin St

Somerset, NJ

42 Norwich Pl

Somerset, NJ

115 Selby Ct

Somerset, NJ

Housing Quick Facts

The median home price in Somerset is 80% higher than the national average.
The median rent asked in Somerset is 76% higher than the national average.
The average number of people per household in Somerset is 11% lower than the national average.
The number of owner occupied households in Somerset is 14% higher than the national average.
The number of renter occupied households in Somerset is 24% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Zarephath, NJ	98	$0	100%
Rossmoor, NJ	2,769	$222,712	32%
Clearbrook Park, NJ	3,208	$272,168	17%
Concordia, NJ	2,620	$354,901	9%
Roselle, NJ	22,321	$421,559	29%
Somerset, NJ	24,856	$588,208	80%

Cities with similar population

	Population	Home Price	National Avg.
Okemos, MI	24,848	$479,438	47%
Kalispell, MT	24,848	$440,461	35%
Freeport, IL	24,837	$124,618	62%
Bridgeton, NJ	24,883	$193,241	41%
Camas, WA	24,814	$833,683	155%
Somerset, NJ	24,856	$588,208	80%

Source: The Somerset, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.