Compare: Somerset vs 08873

Home Values in Somerset and 08873

Somerset
vs08873
Zillow Home Value IndexWhat's this?
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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.
$242,000vs$266,300
1-Year Change-5.0%vs-3.1%
Median List Price$249,900vs$299,900
Median Sale Price$258,800vs$254,500
Total Homes Sold in Feb12 homes vs29 homes
Somerset, NJ tends to be less expensive for home buyers than 08873. During the last year, Somerset home values have fallen by 5.0%, while 08873 home values have fallen by 3.1%. The median sale price in Somerset is $258,800, but the median listing price was $249,900, a 3.6% increase. Meanwhile in 08873, the median selling price is $254,500, and the starting price had a median of $299,900, a 15.1% discount. In February, Somerset home sellers managed to move 12 houses, while 08873 saw 29 transactions.

Demographics in Somerset and 08873

Somerset
vs08873
Population24,170vs19,253
Median Household Income$65,831vsData Unavailable.
Median Age36vsData Unavailable.
Homes with Kids32.1%vsData Unavailable.
Average Household Size2.8vsData Unavailable.
Average Commute Time (Minutes)29vsData Unavailable.

Homes for Sale in Somerset and 08873

Somerset vs 08873

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Why is Somerset better than 08873?

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.

08873

Map of 08873
08873 is a zipcode in Somerset, NJ with a population of 19,253.