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Somerset County NJ Real Estate Market: July 2026

Somerset County single-family home prices continued to climb in July 2026. According to Garden State MLS closed-sale data, the county recorded a $877,000 median sale price during the month, compared with $810,000 in July 2025.

July 2026 Market Snapshot
Somerset County’s median single-family sale price increased approximately 8.3% year over year.

Somerset County Real Estate Market Update

Watch this quick ListOneNJ market update for the latest July 2026 Somerset County single-family sales data.

July 2026 Somerset County Housing Market

Median Sale Price
$877,000
Closed Sales
241
Median Days on Market
17 Days
Median Sale / List
102.7%

July 2026 vs. July 2025

Comparing the same calendar month year over year provides a clearer picture of how Somerset County’s single-family market has changed.

Market Metric July 2025 July 2026 Change
Median Sale Price $810,000 $877,000 +8.3%
Closed Sales 259 241 -6.9%
Median Days on Market 18 17 -1 Day
Median Sale / List Price 103.8% 102.7% -1.1 pts.

What Does the July Data Tell Us?

Home prices moved substantially higher

The median single-family sale price increased by $67,000 from July 2025 to July 2026. That represents an increase of approximately 8.3% in one year.

Fewer homes closed

Closed single-family sales declined from 259 to 241, a decrease of approximately 6.9%. Higher prices therefore occurred despite a lower number of completed transactions.

Buyers were still paying above asking price

The median July 2026 sale closed at 102.7% of the final listing price. That was below July 2025’s 103.8%, but it still indicates substantial competition for appropriately positioned Somerset County homes.

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About This Market Data

Market statistics shown above are based on Garden State MLS (GSMLS) single-family closed-sale data reviewed by ListOneNJ as of August 7, 2026. Figures are intended to provide a snapshot of market activity and may differ from statistics published by other MLS systems, Realtor associations, portals, or data providers. Individual property values vary substantially by municipality, neighborhood, condition, size, amenities, location, and other factors.

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