House Prices

House Prices & Home Values Somerset, NJ 2026


Average Data

average house price$308,878
average size per house1443 ft²
average price per ft²215 $ / ft²

04/04/2026 - The value range (VR) for house prices in Somerset, NJ is $227/ sqft to $227/ sqft. An average home with 1443 sqft costs approximately $327,561 to $327,561. Somerset, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 08873, while the highest are in ZIP 08873. The average price per sqare feet is $215. Our analysis is based on 441 property listings.

Avergage prices by ZIP codes Somerset

08873228 $ / ft²


House prices by neighborhoods in Somerset

Arbors at Franklin Township218 $ / ft²
Avalon Somerset223 $ / ft²
Beacon Hill218 $ / ft²
Blackwells Mills228 $ / ft²
Bunker Hill211 $ / ft²
Canal Walk206 $ / ft²
Cedar Grove232 $ / ft²
Cedar Manor218 $ / ft²
Clyde223 $ / ft²
Cornerstone at Somerset247 $ / ft²
East Franklin220 $ / ft²
East Millstone224 $ / ft²
Easton North249 $ / ft²
Foxwood Estates225 $ / ft²
Franklin Center207 $ / ft²
Hamilton Woods205 $ / ft²
Hidden Lake223 $ / ft²
Huntington Park207 $ / ft²
Kingsberry Acres209 $ / ft²
Middlebush248 $ / ft²
Pine Grove Manor244 $ / ft²
Pleasant Plains223 $ / ft²
Quail Brook238 $ / ft²
Queens Gate245 $ / ft²
Renaissance at Raritan Valley215 $ / ft²
Royal Oaks235 $ / ft²
Six Mile Run245 $ / ft²
Society Hill at Somerset249 $ / ft²
Society Hill East230 $ / ft²
Somerset Gate218 $ / ft²
Somerset Park240 $ / ft²
Somerset Run237 $ / ft²
South Middlebush211 $ / ft²
Sterling Pointe232 $ / ft²
Stratford Place at Somerset223 $ / ft²
Summerfields224 $ / ft²
The Classics at Somerset242 $ / ft²
The Enclave at Somerset246 $ / ft²
The Grove at Somerset210 $ / ft²
The Reserve at Franklin210 $ / ft²
Voorhees215 $ / ft²
Weston240 $ / ft²
Whitehall Gardens244 $ / ft²
Williamsburg Estates247 $ / ft²
Willow Brook at Franklin Township214 $ / ft²
Willow Creek228 $ / ft²
Wynnefield224 $ / ft²
Zarephath226 $ / ft²




Historical development of home values in Somerset

Year Estimated value (USD) Change vs. 2025
2010 $143,449 -53.6%
2011 $137,901 -55.4%
2012 $137,530 -55.5%
2013 $142,671 -53.8%
2014 $149,765 -51.5%
2015 $157,451 -49.0%
2016 $165,668 -46.4%
2017 $174,610 -43.5%
2018 $184,263 -40.3%
2019 $192,807 -37.6%
2020 $202,775 -34.4%
2021 $230,634 -25.3%
2022 $268,868 -13.0%
2023 $283,533 -8.2%
2024 $299,936 -2.9%
2025 $308,878 0.0%

Graph: estimated home values in Somerset over time (USD)



Example: 100% financing house in Somerset

Loan amount: $308,878

Interest rate: 6.00%

Fixed monthly payment: $1,851.88

Breakdown in the 1st month:
Interest portion: $1,544.39  –  Principal portion: $307.49

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,429.50 $3,793.06 $305,084.94
2 $18,195.55 $4,027.01 $301,057.94
3 $17,947.17 $4,275.38 $296,782.55
4 $17,683.48 $4,539.08 $292,243.48
5 $17,403.52 $4,819.04 $287,424.44
6 $17,106.29 $5,116.27 $282,308.17
7 $16,790.73 $5,431.83 $276,876.34
8 $16,455.71 $5,766.85 $271,109.49
9 $16,100.02 $6,122.54 $264,986.96
10 $15,722.39 $6,500.16 $258,486.79
11 $15,321.48 $6,901.08 $251,585.72
12 $14,895.84 $7,326.72 $244,259.00
13 $14,443.94 $7,778.62 $236,480.38
14 $13,964.17 $8,258.38 $228,221.99
15 $13,454.81 $8,767.74 $219,454.25
16 $12,914.04 $9,308.52 $210,145.73
17 $12,339.91 $9,882.65 $200,263.08
18 $11,730.37 $10,492.19 $189,770.89
19 $11,083.23 $11,139.32 $178,631.57
20 $10,396.18 $11,826.37 $166,805.20
21 $9,666.76 $12,555.80 $154,249.40
22 $8,892.34 $13,330.21 $140,919.19
23 $8,070.17 $14,152.39 $126,766.80
24 $7,197.28 $15,025.28 $111,741.52
25 $6,270.55 $15,952.00 $95,789.51
26 $5,286.67 $16,935.89 $78,853.62
27 $4,242.10 $17,980.46 $60,873.17
28 $3,133.10 $19,089.45 $41,783.71
29 $1,955.71 $20,266.85 $21,516.86
30 $705.69 $21,516.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Somerset, NJ


1500 sqft3900 sqft
Ø selling price$390,226$830,116
Ø fast selling$354,750$747,104
Ø high price sale$425,701$913,127

In 2026, houses in Somerset, NJ will be offered at an average price of $215 per square foot. A 1,500 sqft home priced at $390,226 is 23.05% more expensive per square foot than a 3,900 sqft home priced at $830,116. Home prices in Somerset, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $574,695. Sellers who can wait longer may achieve a higher price of up to $702,405.

FAQ – Home Values in Somerset

What is the median home value in Somerset in 2026?

In 2026, the typical home value in Somerset is about $308,878 for an average home size of 1443 square feet. This corresponds to an average price of roughly $215 per square foot.

What is the average cost per square foot in Somerset?

In 2026, homes in Somerset sell for an average of around $215 per square foot, with a typical range between $227 and $227 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Somerset is about 1443 square feet, with an estimated 2026 value around $308,878.



Locations close to Somerset, NJ

Somerville, NJ229 $ / ft²
South Amboy, NJ276 $ / ft²
South Bound Brook, NJ182 $ / ft²
Sayreville, NJ213 $ / ft²
Raritan, NJ216 $ / ft²
Pittstown, NJ206 $ / ft²
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