All Home Types
Somers Point, NJ Housing Market
What is the housing market like in Somers Point today?
In October 2024, Somers Point home prices were down 18.2% compared to last year, selling for a median price of $450K. On average, homes in Somers Point sell after 60 days on the market compared to 56 days last year. There were 9 homes sold in October this year, down from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
-18.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Somers Point, NJ
$450,000
-18.2%
United States
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Somers Point Migration & Relocation Trends
In Aug '24 - Oct '24, 27% of Somers Point homebuyers searched to move out of Somers Point, while 73% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Somers Point from outside metros.
- New York homebuyers searched to move into Somers Point more than any other metro followed by St. Louis and Los Angeles.
Where are people moving to Somers Point from?
- 73% of Somers Point homebuyers searched to stay within the Somers Point metropolitan area.
- Washington was the most popular destination among Somers Point homebuyers followed by Salisbury and Harrisburg.
Where are people from Somers Point moving to?
Number of People Moving to Somers Point
least
most
People are moving to Somers Point from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,014 | ||
| 2 | 336 | ||
| 3 | 309 | ||
| 4 | 105 | ||
| 5 | 44 | ||
| 6 | 35 | ||
| 7 | 30 | ||
| 8 | 17 | ||
| 9 | 13 | ||
| 10 | 12 | ||
People are leaving Somers Point for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 3,250 | ||
| 2 | 1,632 | ||
| 3 | 1,268 | ||
| 4 | 1,231 | ||
| 5 | 1,139 | ||
| 6 | 601 | ||
| 7 | 528 | ||
| 8 | 454 | ||
| 9 | 430 | ||
| 10 | 365 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Somers Point.
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