52Alpha

Somerset County, NJ Housing Market Brief

county · NJ · as of August 2026

Balanced

What is Somerset County, NJ’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+7.881
Inventory Health25%
-2.143
Affordability20%
-12.026
Economic Strength20%
74
Rental Yield15%
-4.535

Where is Somerset County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Somerset County, NJ is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Somerset County, NJ?

Our model forecasts Somerset County, NJ’s home prices to rise about 3.3% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Somerset County, NJ housing market data

MetricValueYoY
Median Sale Price$723K▲ +6.9%
Median Days on Market21 days0%
Months of Supply2.2▲ +29.4%
Homes for Sale776▲ +23.2%
Homes Sold369-6.1%
Median Price / Sq Ft$373▲ +3.5%

How has Somerset County, NJ’s Alpha Score moved?

Now: 52
12-period trend
Median sale price · 12 mo

Markets like Somerset County, NJ

Frequently asked questions

Is Somerset County, NJ a buyer's or seller's market?

As of August 2026, Somerset County, NJ is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Somerset County, NJ?

The median sale price in Somerset County, NJ is $723K, having risen 6.9% over the past year.

How affordable is Somerset County, NJ?

Somerset County, NJ scores 26 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Somerset County, NJ's Alpha Score?

Somerset County, NJ's strongest dimension is Price Momentum (81/100) and its weakest is Affordability (26/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Somerset County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.