How hot is the real estate market in Somerset County? Home prices rose year over year

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The median sales price for a single-family home in Somerset County during October was $541,000. That’s an increase of 5.1% compared with October 2020, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

The number of houses sold fell by 24.3% from a year earlier. A total of 352 houses were sold countywide during the month of October. During the same period a year earlier, 465 single-family homes were sold.

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Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Condominiums and townhomes sold in October had a median sales price of $320,000. That figure represents a 16.4% increase year-over-year. In Somerset County, 96 were…

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