Somerset, 08873 Real Estate Overview


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  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $350,333
  • for week ending Jul 23
  • -$5,405
  • -1.5%
  • w-o-w

Median Sales Price

  • $267,000
  • Apr '14 - Jul '14
  • $28,000
  • -9.5%
  • y-o-y

Most popular zip codes Avg. listing Price
Week ending Jul 23
w-o-w
08873 $350,333 -1.5%
08807 $552,793 +0.1%
07920 $844,781 +2.2%
08844 $415,908 +2.2%
07059 $886,268 +2.4%
Movers & Shakers Avg. listing price
Week ending Jul 23
w-o-w
07934 $907,671 -8.8%
08535 $741,086 -8.6%
08823 $269,496 +6.2%
07060 $292,835 +4.6%
08502 $646,503 +4.0%
View Somerset County Home Prices Map

Summary for Somerset, 08873


The median sales price for homes in ZIP code 08873 in Somerset from Apr 14 to Jul 14 was $267,000 based on 90 sales. Compared to the same period one year ago, the median sales price decreased 9.5%, or $28,000, and the number of sales decreased 40.8%. Average price per square foot for homes in 08873 was $164, an increase of 1.9% compared to the same period last year. There are currently 387 resale and new homes in ZIP code 08873 on Trulia, including 30 open houses, as well as 277 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 08873 was $350,333 for the week ending Jul 23, which represents a decrease of 1.5%, or $5,405, compared to the prior week.


District Type Grades Schools Students
Franklin Township Public Schools Public PK - 12 9 8,053
School Name School Type Grades Parent Rating
Community Baptist Christian Academy Private PK - 2
Pine Grove Manor Elementary School Public PK - 4
Somerset Bible Baptist Christia Private K - 12
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Homes for Sale in 08873
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