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The Hills, NJ

Full City Profile · New Jersey · Somerset County County

4.2 /5.0
A Great
10,732 Population 3,779/sq mi density
$142,750 Median Income $90,760 per capita
$570,100 Home Value $1,341,690 Zillow
$2,240 Median Rent 26.1% income on rent
51°F Avg Temperature 275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.9 / 5.0
$142,750 median income, 2.7% unemployment
A
Affordability
4.4 / 5.0
$570,100 home value, $2,240/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
75.3% bachelor's degree or higher

Housing Overview

Median Home Value
$570,100
102% above
US avg: $281,900
Median Rent
$2,240/mo
93% above
US avg: $1,163/mo
Homeownership Rate
83.4%
28% above US avg (65.4%)
Total Housing Units
4,970
Median year built: 1990

Home Value by Source

Census Median
$570,100
Zillow (ZHVI)
$1,341,690
Median Sale Price
$413,750
Median List Price
$612,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.4%
Owner-Occupied
16.6%
Renter-Occupied
83%
17%
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: $2,240/mo

Market Indicators (Redfin)

Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$427
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
83.4%

Complete Housing Data

Home Values

Census Median Value$570,100
Zillow Home Value (ZHVI)$1,341,690
Median Sale Price$413,750
Median List Price$612,500
Price Per Sq Ft$427

Rent

Census Median Rent$2,240
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 Market18
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold8
Active Inventory10
Price Per Sq Ft$427

Ownership & Stock

Owner-Occupied83.4%
Renter-Occupied16.6%
Homeownership Rate83.4%
Total Housing Units4,970
Median Year Built1990
Rent Burden26.1%