Compare: Somerset vs Franklin Township
Home Values in Somerset and Franklin Township
| Somerset | vs | Franklin Township | ||||
|---|---|---|---|---|---|---|
| Zillow Home Value IndexWhat's this? | $252,800 | vs | $278,700 | |||
| 1-Year Change | -0.6% | vs | -1.3% | |||
| Median List Price | $250,000 | vs | $295,500 | |||
| Median Sale Price | $258,800 | vs | $294,300 | |||
| Total Homes Sold in Feb | 17 homes | vs | 33 homes | |||
Somerset, NJ tends to be less expensive for home buyers than Franklin Township, NJ. During the last year, Somerset home values have fallen by 0.6%, while Franklin Township home values have fallen by 1.3%. The median sale price in Somerset is $258,800, but the median listing price was $250,000, a 3.5% increase. Meanwhile in Franklin Township, the median selling price is $294,300, and the starting price had a median of $295,500, a 0.4% discount. In February, Somerset home sellers managed to move 17 houses, while Franklin Township saw 33 transactions.



