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Somers Point, NJ

Full City Profile · New Jersey · Atlantic County County

3.1 /5.0
B Good
10,461 Population 2,609/sq mi density
$68,542 Median Income $39,692 per capita
$277,500 Home Value $408,809 Zillow
$1,308 Median Rent 30.0% income on rent
57°F Avg Temperature 297 sunny days/yr
108 Violent Crime/100K 2,543 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$68,542 median income, 6.5% unemployment
A
Affordability
4.4 / 5.0
$277,500 home value, $1,308/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher

Housing Overview

Median Home Value
$277,500
2% below
US avg: $281,900
Median Rent
$1,308/mo
12% above
US avg: $1,163/mo
Homeownership Rate
51.1%
22% below US avg (65.4%)
Total Housing Units
5,700
Median year built: 1970

Home Value by Source

Census Median
$277,500
Zillow (ZHVI)
$408,809
Median Sale Price
$422,450
Median List Price
$484,949
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

51.1%
Owner-Occupied
48.9%
Renter-Occupied
51%
49%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,308/mo

Market Indicators (Redfin)

Median Days on Market
86 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
21.6%
of listings with price reduction
Price Per Sq Ft
$358
Active Inventory
51
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
51.1%

Complete Housing Data

Home Values

Census Median Value$277,500
Zillow Home Value (ZHVI)$408,809
Median Sale Price$422,450
Median List Price$484,949
Price Per Sq Ft$358

Rent

Census Median Rent$1,308
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market86
Sale-to-List Ratio1.0%
Price Drops21.6%
Homes Sold10
Active Inventory51
Price Per Sq Ft$358

Ownership & Stock

Owner-Occupied51.1%
Renter-Occupied48.9%
Homeownership Rate51.1%
Total Housing Units5,700
Median Year Built1970
Rent Burden30.0%