Somers Point, Atlantic County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Somers Point, Atlantic County, NJ

Median Home Price Price

$406,353 $406.4K

Median Monthly Rent Rent

$1,773 $1.8K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Somers Point, NJ is $1,773, with MoM change +$19 and YoY change +$145 pointing to positive momentum while volatility is low (std $36).

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Metric

Base market Somers Point, NJ

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Delta vs base

Median rent

$1,773

N/A

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Median price

$406,353

N/A

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YoY change

+$145

N/A

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Price-to-rent

19.1x

Data unavailable

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