What is the median home value in Bedminster, NJ?

The median value of owner-occupied homes in Bedminster, NJ is $742,200 (±$99,061), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$742,200 (±$99,061)
Owner-occupied homes
397 (±99)
Most common range
$500,000 to $999,999

Home values in Bedminster

Owner-occupied homes by value, 2020–2024
ValueBedminsterSomerset CountyNew JerseyUnited States
Less than $50,0000.0% (±10.7 points)1.2%2.5%5.3%
$50,000 to $99,9990.0% (±10.7 points)0.6%1.8%6.1%
$100,000 to $149,9990.0% (±10.7 points)1.4%2.2%6.8%
$150,000 to $199,9990.0% (±10.7 points)1.1%4.3%9.0%
$200,000 to $299,9990.0% (±10.7 points)6.9%12.9%17.8%
$300,000 to $499,99914.6% (±9.4 points)32.9%34.2%26.9%
$500,000 to $999,99961.5% (±13.0 points)44.0%34.5%20.9%
$1,000,000 or more23.9% (±8.9 points)11.8%7.6%7.1%

The most common range is $500,000 to $999,999, 61.5% 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 against Somerset County, its state and the nation

Estimate (90% margin of error)
BedminsterSomerset CountyNew JerseyUnited States
Median home value$742,200 (±$99,061)$552,100 (±$7,374)$454,400 (±$1,150)$332,700
Owner-occupied homes397 (±99)97,187 (±1,176)2,239,128 (±10,678)84,210,142

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

It is also higher than in New Jersey ($454,400).

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

In Somerset County, Bedminster ranks 6 of 24 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 19 of 248.

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

Median home value in places near Bedminster

Nearest places with a published estimate, compared with Bedminster
PlaceDistanceMedian home valueCompared with this place
Bedminster—$742,200 (±$99,061)—
Far Hills Borough2.3 mi$792,100 (±$91,658)Not measurably different
The Hills2.5 mi$577,000 (±$52,568)Lower
Peapack and Gladstone Borough2.9 mi$868,800 (±$51,688)Higher
Liberty Corner4.1 mi$1,187,500 (±$244,623)Higher
Bernards Township4.9 mi$814,800 (±$33,665)Not measurably different
Bridgewater Center5.0 mi$703,700 (±$31,769)Not measurably different
Bernardsville Borough5.3 mi$793,800 (±$86,197)Not measurably different
Green Knoll5.4 mi$597,100 (±$30,926)Lower

Nearby places with a measurably lower figure: The Hills, NJ ($577,000), Green Knoll, NJ ($597,100).

Nearby places with a measurably higher figure: Peapack and Gladstone Borough, NJ ($868,800), Liberty Corner, NJ ($1,187,500).

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
1Liberty Corner$1,187,500 (±$244,623)
2Lyons$1,037,400 (±$103,804)
3Basking Ridge$851,200 (±$32,792)
4Belle Mead$810,300 (±$50,803)
5Neshanic Station$770,300 (±$92,319)
6Bedminster$742,200 (±$99,061)
7Blackwells Mills$735,000 (±$39,664)
8Martinsville$720,400 (±$26,428)
9Ten Mile Run$710,200 (±$85,998)
10Bridgewater Center$703,700 (±$31,769)
11Franklin Center$612,000 (±$23,497)
12Green Knoll$597,100 (±$30,926)

Showing 12 of 24 places in Somerset County, ranked from highest to lowest.

Bedminster is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Bedminster Township, whose figures include it.

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

What is the average home value in Bedminster, NJ?

The Census Bureau publishes the median: $742,200 (±$99,061) for owner-occupied homes in Bedminster (2020–2024 American Community Survey).

Is this what homes in Bedminster 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 CDP, New Jersey (place:04420, in state:34).

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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