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
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 Market | 86 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.6% |
| Homes Sold | 10 |
| Active Inventory | 51 |
| Price Per Sq Ft | $358 |
Ownership & Stock
| Owner-Occupied | 51.1% |
| Renter-Occupied | 48.9% |
| Homeownership Rate | 51.1% |
| Total Housing Units | 5,700 |
| Median Year Built | 1970 |
| Rent Burden | 30.0% |
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