Compare: Somerset vs New Jersey

Home Values in Somerset and New Jersey

Somerset
vsNew Jersey
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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.
$271,800vs$278,600
1-Year Change+4.8%vs+3.6%
Median List Price$260,000vs$299,000
Median Sale Price$251,800vs$302,900
Somerset, NJ tends to be less expensive for home buyers than New Jersey. During the last year, Somerset home values have risen by 4.8%, while New Jersey home values have risen by 3.6%. The median sale price in Somerset is $251,800, but the median listing price was $260,000, a 3.2% discount. Meanwhile in New Jersey, the median selling price is $302,900, and the starting price had a median of $299,000, a 1.3% increase.

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Somerset vs New Jersey

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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.