Compare: Somerset vs New Jersey

Home Values in Somerset and New Jersey

Somerset
vsNew Jersey
Zillow Home Value IndexWhat's this?
Close
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$281,400
1-Year Change+5.2%vs+5.5%
Median List Price$259,900vs$294,500
Median Sale Price$244,700vs$307,800
Somerset, NJ tends to be less expensive for home buyers than New Jersey. During the last year, Somerset home values have risen by 5.2%, while New Jersey home values have risen by 5.5%. The median sale price in Somerset is $244,700, but the median listing price was $259,900, a 5.8% discount. Meanwhile in New Jersey, the median selling price is $307,800, and the starting price had a median of $294,500, a 4.5% increase.

Homes for Sale in Somerset and New Jersey

Somerset vs New Jersey

Looking to rent?

Why is Somerset better than New Jersey?

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.

New Jersey

Map of New Jersey
New Jersey is a state in US with a population of 7,730,188. The median household income is $58,488.