Somerset County, NJ monthly real estate update

Stacker compiled statistics about real estate prices in Somerset County using data from realtor.com. Statistics are as of May 2023.

The median listing price in the United States was $441,445 in May, which is 0.91% higher than a year ago. Somerset County has the seventh highest median listing price per square foot out of 21 counties in New Jersey. Somerset also has the ninth lowest active listings in the state.

Somerset County real estate by the numbers
- Median list price: $713,000
--- 9.7% increase from April
--- 29.6% increase from a year ago
- Active listing count: 397 (358 new listings)
- Median days on the market: 23 days
- Price increased count: 8
- Price reduced count: 64
- Median listing price per square foot: $297.0 per square foot

Counties with the highest median listing price in New Jersey
#1. Cape May County: $935,750
#2. Monmouth County: $823,828
#3. Bergen County: $749,748
#4. Somerset County: $713,000
#5. Morris County: $649,950

Counties with the lowest median listing price in New Jersey
#1. Cumberland County: $254,975
#2. Salem County: $272,450
#3. Camden County: $299,900
#4. Gloucester County: $344,950
#5. Burlington County: $367,450