If you need assistance, please call 732-249-1005

Nicole Fallacara
859-699-0953

Somerset

Somerset Market Report

$706,289

AVERAGE PRICE OF 10 HOMES

$1,500,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $706,289
Avg Bedrooms 2.5 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

2 bedrooms $428,333
3 bedrooms $383,999
4 bedrooms $729,950
5 bedrooms $550,000
Somerset Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 9 6 4 5 4
Average Price $703,365 $819,705 $1,115,090 $1,071,270 $1,017,024
Avg Price Change -16.54% -36.04% +4.09% +5.33% -30.67%
Median Price $462,883 $651,798 $1,108,964 $1,007,374 $909,666
Med Price Change -40.81% -70.14% +10.08% +10.74% -64.90%
Avg Bedrooms 2.11 beds 1.75 beds 2.21 beds 2.24 beds 1.41 beds
Avg Bathrooms 2.09 baths 2.02 baths 2.4 baths 2.52 baths 1.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklin H.S. 2 $469,499 29 days
Franklin Township 1 $469,000 9 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 10 $706,289 325 days
Multi-Million Dollar Homes 2 $1,500,000 1,458 days

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RE/MAX OUR TOWN (The Baricaua Group)
Vincent Baricaua
852 Easton Avenue
Somerset, NJ 08873
732-249-1005

Fair Housing/Equal Opportunity
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX OUR TOWN (The Baricaua Group) participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: June 4, 2023 1 PM.
The data relating to real estate for sale on this website comes in part from the Internet Listing Display database of the CENTRAL NEW JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site owner are marked with the ILD logo. The CENTRAL NEW JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. 2023. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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