Somerset County Real Estate Stats
|Average Home Price||$468K|
|Total Real Estate Listings||3,572|
|Avg. Days On Market||55|
Property Types (active listings)
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Within these communities, buyers will find friendly local cultures, fantastic educational institutions, historic landmarks, and beautiful architecture. Charming and elegant, Somerset County has everything from cozy cottages and starter homes to luxury mansions in some of the state's most affluent neighborhoods. You'll truly find it all in this scenic, esteemed region.
Somerset County real estate offers a small selection of lovely condominiums, townhouses, and apartments, but single-family detached homes are the more popular property option. These start in the high $100,000s, and include some truly historic character homes that showcase the region's prosperous and illustrious history.
Even the most affordable starter homes usually enjoy all the essentials and more, including mature landscaping, lush private yards, hardwood floors, and enough square footage for a family to comfortably live. Charming craftsman homes, cottages, and bungalows provide variation in style, along with spacious ranchers and split-level homes from the later half of the 20th century. High-end homes are usually traditionally styled estates, with expansive private lots, sparkling swimming pools, and lawns maintained with the perfection of a golf course. The luxury market in Somerset County offers a mix of stately older and new construction residences, blending rustic luxury with fresh modernity.
Somerset County Quick Facts
- Somerset County is home to 126,268 housing units, 116,456 households
- The median value of owner-occupied houses between 2012 and 2016 is $404,100
- Median monthly homeowner costs for those with a mortgage is estimated at $2,645 per month
- 53% of Somerset County residents over the age of 25 have a bachelor's degree or higher, compared to 37% for all of New Jersey
- Per-capita income between 2012 and 2016 was $50,034
- Median household income is $102,405, compared to $73,702 for all of New Jersey
- Poverty rate is just 5.2%, nearly half of the rate for all of New Jersey
Somerset County Education
Educational opportunities abound in Somerset County, making it one of the best places to live for families and professionals looking to further their careers. Somerset County is home to excellent public school districts, and families with school-aged children can be confident in the high quality of their child's education. In addition, the county is home to two outstanding colleges, Raritan Valley Community College (which has a partnership with Rutgers University), and Somerset Christian College. Somerset Hills Learning Institute is also located in the county.
Contact Legacy Realty Group online or call 732-744-0400 for unmatched expertise during your Somerset County, NJ real estate search.
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