08873 Real Estate Market

08873 Market

The median sale price for homes in 08873 over the last 12 months is $280,000.


The median mortgage debt is $252,519.

Additional Statistics for Single Family Homes and Condos in Somerset, NJ
$307,410
Median Listing Price
64
Median Days on Market
441
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
08873 (Somerset, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Somerset is $339,900.

The price per square foot for listings in this area is $323.

The median sale price in December for single family homes is $332,500. The sale prices increased by 16.25% from the previous month.

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08873 (Somerset, NJ) Market Inventory Trends

The number of active listings in Somerset increased by 8.6% from the previous month.

The median number of days active properties have been listed is 69. This is significantly shorter than the national average.

The number of sales in December dropped by 60% from the previous month.

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08873 (Somerset, NJ) Property Ownership

The percent of unoccupied properties is very low in Somerset. It is -8.58% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.