Housing in Somers Point, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$405,000

Median List Price

$499,999

Price Per Sq Ft

$277

Days on Market

144

Active Inventory

55

Months of Supply

27.5

Buyer's market

Zillow Home Value

$409,101

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 3.6%List Price 0.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

97.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
12.7%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

15

Pending Sales

15

Homes Sold 85.7%New Listings 15.4%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$277

Median List $/SF

$308

Sale $/SF 11.2%List $/SF 20.8%Mar 24Jan 26

Somers Point vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Somers Point is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$277,500

Median Rent

$1,308

Total Housing Units

5,730

Vacancy Rate

17.6%

Owner Occupied

51.1%

Renter Occupied

48.9%

Median Property Tax

$6,932

per year

Monthly Cost (w/ Mortgage)

$1,630

Housing Types

Single Family
57.0%
Multi-Family
42.9%
Mobile Home
0.1%

The current median sale price in Somers Point, NJ is $405,000 according to Redfin data. Homes spend a median of 144 days on the market. 0.0% of homes sold above asking price. The market has 27.5 months of supply. The median price per square foot is $277. The median rent is $1,308 per month (Census ACS). About 51.1% of housing units are owner-occupied. The median year homes were built is 1970. There are 5,730 total housing units.