Median Home Value
$166,900
Median Gross Rent
$910/mo
Homeownership Rate
77.4%
Rent as Share of Income
18.8%
Vacancy Rate
23.0%
Median Year Built
1978
Home Price Index (FHFA)
Home prices in Somerset County have risen 282% since 1988, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.