Compare: Somerset vs Franklin Township

Home Values in Somerset and Franklin Township

Somerset
vsFranklin Township
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Zillow Home Value Index
Mid-point of Zestimate valuations for Somerset. Half the Zestimates are above this number and half are below it.
$272,700vs$304,800
1-Year Change+5.2%vs+6.2%
Median List Price$259,900vs$334,900
Median Sale Price$244,700vs$332,000
Somerset, NJ tends to be less expensive for home buyers than Franklin Township, NJ. During the last year, Somerset home values have risen by 5.2%, while Franklin Township home values have risen by 6.2%. The median sale price in Somerset is $244,700, but the median listing price was $259,900, a 5.8% discount. Meanwhile in Franklin Township, the median selling price is $332,000, and the starting price had a median of $334,900, a 0.9% discount.

Homes for Sale in Somerset and Franklin Township

Somerset vs Franklin Township

Why is Franklin Township more expensive than Somerset?

Somerset, NJ

Map of Somerset, NJ
Somerset is a city in Somerset county, NJ with a population of 24,170. The median household income is $65,831.

Franklin Township, NJ

Map of Franklin Township, NJ
Franklin Township is a city in Somerset county, NJ with a population of 38,693.