Somers Point, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 221 transactions over the past year in Somers Point. The median value for residential home transactions that occurred over the previous year is $454,957. The number of current listings in Somers Point is 203, and the percentage of properties for sale in the city is 203.00%. Somers Point, NJ currently has 32 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 203 properties for sale.
Somers Point, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08244 | $ 454,957 $ 351/sqft |
Housing Market Summary for Somers Point, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $460K | $469.9K | 2.15% |
| Median Sold Price | $374.1K | $472.7K | 26.33% |
| Homes For Sale | 127 | 198 | 55.91% |
| Homes Sold | 72 | 97 | 34.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Somers Point, NJ
Browse Homes in Somers Point, NJ
Somers Point home values range from $210,226 to $14,995,000. The median estimated value of a home in Somers Point is $454,957. The median list price of a home is 467,450, and the total count of properties in the city is 365.
- Pre-ForeclosurePre-foreclosure homes account for 8.77% of all residential properties in Somers Point, NJ with 08244 containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Somers Point, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $999,900 in 08244 to the lowest home value of $285,501 in 08244.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Somers Point, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Somers Point, NJ. There is 1 zips within Somers Point, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Somers Point, NJ. Auction homes and other auction properties account for 0% of all properties in Somers Point, NJ. There is 1 zips within Somers Point, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Somers Point, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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