County market report · FIPS 34035
Somerset County, NJ
New York-Newark-Jersey City, NY-NJ-PA · Population 329,331 (Census V2020 est.)
Typical value
$656,346
Sep 2026
1M
+0.1%
3M
+0.5%
12M
+2.7%
5Y
+31.9%
10Y
+61.3%
From peak
0.0%
Peak $656,346 · Sep 2026
Rank US / state
1611 / 15
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyC · Accelerating Uptrend
r3+0.53%p3+0.20%Acceleration+0.33ppMonths persisting1Evidence (Price-Only)57/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $646,133 | +1.5% |
| 2024 | $636,878 | +8.4% |
| 2023 | $587,736 | +9.0% |
| 2022 | $539,001 | +7.4% |
| 2021 | $501,995 | +8.6% |
| 2020 | $462,058 | +6.3% |
| 2019 | $434,769 | +0.7% |
| 2018 | $431,592 | +2.5% |
| 2017 | $421,269 | +2.9% |
| 2016 | $409,577 | +2.0% |
| 2015 | $401,673 | +1.5% |
| 2014 | $395,642 | +4.8% |
| 2013 | $377,458 | +3.0% |
| 2012 | $366,317 | -3.4% |
| 2011 | $379,067 | -4.3% |
| 2010 | $396,057 | -2.0% |
| 2009 | $404,059 | -3.1% |
| 2008 | $416,863 | -7.5% |
| 2007 | $450,443 | -3.8% |
| 2006 | $468,266 | +0.9% |
| 2005 | $463,981 | +11.5% |
| 2004 | $416,108 | +14.7% |
| 2003 | $362,854 | +9.7% |
| 2002 | $330,787 | +13.5% |
| 2001 | $291,475 | +12.4% |
| 2000 | $259,401 | — |