A+
74%
Med. Home Val. NAT. AVG.
80%
Rent NAT. AVG.
14%
Owner Occ. NAT. AVG.
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Somerset Housing Information

IndexSomersetNew JerseyNational
Median home price$321,900$316,400$184,700
Median rent asked$1,704$1,213$949
Avg. people per household2.32.72.6
Owner occupied households72.3%64.1%63.6%
Renter occupied households27.7%35.9%36.4%
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Housing Quick Facts

  • The median home price in Somerset is 74% higher than the national average.
  • The median rent asked in Somerset is 80% 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.

Compare Somerset, NJ Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Zarephath, NJ94$0100%
      Rossmoor, NJ2,700$123,40033%
      Clearbrook Park, NJ3,114$155,00016%
      Concordia, NJ2,520$197,3007%
      Roselle, NJ21,699$230,60025%
      Somerset, NJ24,119$321,90074%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Peekskill, NY24,111$288,30056%
      North Potomac, MD24,146$670,600263%
      Brandon, MS24,088$202,50010%
      North Lynnwood, WA24,084$404,600119%
      Fort Dodge, IA24,168$99,20046%
      Somerset, NJ24,119$321,90074%
      Source: The Somerset, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).