Somerville, NJ housing market
The typical Somerville home is worth about $552,000, up 3.5% in a year, close to the New Jersey typical home.
Home values, sales, trends and how Somerville compares with the towns next door — updated as new data is published.
Somerville at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Somerville | New Jersey |
|---|---|---|
| 2017 | $303,000 | $317,000 |
| 2018 | $322,000 | $330,000 |
| 2019 | $331,000 | $343,000 |
| 2020 | $342,000 | $358,000 |
| 2021 | $375,000 | $394,000 |
| 2022 | $409,000 | $441,000 |
| 2023 | $435,000 | $471,000 |
| 2024 | $485,000 | $511,000 |
| 2025 | $530,000 | $551,000 |
| 2026 | $546,000 | $568,000 |
| August 2026 | $552,000 | $580,000 |
Somerville and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Somerville | $552K | +3.5% | — | $103,760 |
| Bridgewater | $749K | +2.7% | 17 | $172,851 |
| Hillsborough | $681K | +2.3% | 22 | $154,031 |
| Raritan | $556K | +2.6% | — | $107,672 |
5.3 years of income
The typical Somerville home costs about 5.3 years of the town's median household income, about the same as across New Jersey (5.6).
How Somerville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.