Featuring Property Focus AI™
Somerset County Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Somerset County saw 3,325 residential properties sold. As of June 2025, the median price for a single-family home is $565,000, with a median AVM value of $640,000 for properties sold in the last year.
There are 2,770 involuntary liens on 2,330 properties, 210 in pre-foreclosure, and 81,768 properties with more than 50% equity in Somerset County. The market also includes 37,820 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
104,468
Total Home Sales
3,320 12 mo. trend
Median Home Price
$565,00012 mo. trend
Average Loan-to-Value
26.63%
Current Pre-foreclosures
210
% of Properties in Distress
0.2%
Total Involuntary Liens
2,770
% of High Equity Homes
78.27%
Markets Nearby Somerset County
The cities and zip codes below highlight the highest-value real estate markets within Somerset County, ranked by median home sale prices. Top areas include Far Hills ($1,418,500), Warren ($1,133,000), 07931 ($1,418,500), and 07059 ($1,133,000), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.