What is the median home value in Bedminster Township, NJ?

The median value of owner-occupied homes in Bedminster Township, NJ is $448,500 (±$41,246), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Bedminster Township, the median home value went from $383,700 in 2015–2019 to $448,500 in 2020–2024 (+16.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$448,500 (±$41,246)
Owner-occupied homes
3,280 (±261)
Most common range
$300,000 to $499,999

Home values in Bedminster Township

Owner-occupied homes by value, 2020–2024
ValueBedminster TownshipSomerset CountyNew JerseyUnited States
Less than $50,0003.4% (±2.5 points)1.2%2.5%5.3%
$50,000 to $99,9991.6% (±1.3 points)0.6%1.8%6.1%
$100,000 to $149,9996.9% (±3.4 points)1.4%2.2%6.8%
$150,000 to $199,9993.1% (±2.2 points)1.1%4.3%9.0%
$200,000 to $299,9995.6% (±2.4 points)6.9%12.9%17.8%
$300,000 to $499,99937.5% (±6.8 points)32.9%34.2%26.9%
$500,000 to $999,99932.4% (±7.2 points)44.0%34.5%20.9%
$1,000,000 or more9.6% (±2.3 points)11.8%7.6%7.1%

The most common range is $300,000 to $499,999, 37.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Bedminster Township against Somerset County, its state and the nation

Estimate (90% margin of error)
Bedminster TownshipSomerset CountyNew JerseyUnited States
Median home value$448,500 (±$41,246)$552,100 (±$7,374)$454,400 (±$1,150)$332,700
Owner-occupied homes3,280 (±261)97,187 (±1,176)2,239,128 (±10,678)84,210,142

In Bedminster Township, the median home value is lower than in Somerset County ($552,100).

It is not measurably different from New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Somerset County, Bedminster Township ranks 16 of 21 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 280 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Bedminster Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$383,700 (±$16,589)$448,500 (±$41,246)+16.9%No measurable change after inflation
Median owner cost with a mortgage$2,289 (±$67)$2,513 (±$252)+9.8%Down after inflation
Median real estate taxes$5,078 (±$393)$5,911 (±$664)+16.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Bedminster Township

Nearest places with a published estimate, compared with Bedminster Township
PlaceDistanceMedian home valueCompared with this place
Bedminster Township—$448,500 (±$41,246)—
Peapack and Gladstone Borough3.4 mi$868,800 (±$51,688)Higher
Far Hills Borough3.6 mi$792,100 (±$91,658)Higher
Tewksbury Township4.8 mi$795,400 (±$82,088)Higher
Bridgewater Center5.3 mi$703,700 (±$31,769)Higher
Liberty Corner5.4 mi$1,187,500 (±$244,623)Higher
White House Station5.8 mi$454,400 (±$44,564)Not measurably different
Green Knoll6.0 mi$597,100 (±$30,926)Higher
Bernards Township6.2 mi$814,800 (±$33,665)Higher

Nearby places with a measurably higher figure: Peapack and Gladstone Borough, NJ ($868,800), Far Hills Borough, NJ ($792,100), Tewksbury Township, NJ ($795,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Somerset County, place by place

RankPlaceMedian home value
10Rocky Hill Borough$597,200 (±$31,475)
11Hillsborough Township$547,600 (±$18,030)
12Green Brook Township$538,500 (±$81,881)
13Millstone Borough$494,500 (±$63,552)
14Franklin Township (Somerset County)$457,900 (±$9,937)
15Raritan Borough$456,900 (±$14,910)
16Bedminster Township$448,500 (±$41,246)
17Somerville Borough$435,700 (±$20,614)
18Bound Brook Borough$397,100 (±$20,438)
19North Plainfield Borough$374,700 (±$11,810)
20South Bound Brook Borough$359,000 (±$13,434)
21Manville Borough$354,300 (±$17,385)

Showing 12 of 21 places in Somerset County, ranked from highest to lowest.

The figures for Bedminster Township include the places inside it that have pages of their own: Bedminster, The Hills.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Bedminster Township

What is the average home value in Bedminster Township, NJ?

The Census Bureau publishes the median: $448,500 (±$41,246) for owner-occupied homes in Bedminster Township (2020–2024 American Community Survey).

Have home values in Bedminster Township gone up?

In Bedminster Township, the median home value went from $383,700 in 2015–2019 to $448,500 in 2020–2024 (+16.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Bedminster Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bedminster township, Somerset County, New Jersey (county subdivision:04450, in state:34 county:035).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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