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
| Value | Bedminster | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±10.7 points) | 1.2% | 2.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±10.7 points) | 0.6% | 1.8% | 6.1% |
| $100,000 to $149,999 | 0.0% (±10.7 points) | 1.4% | 2.2% | 6.8% |
| $150,000 to $199,999 | 0.0% (±10.7 points) | 1.1% | 4.3% | 9.0% |
| $200,000 to $299,999 | 0.0% (±10.7 points) | 6.9% | 12.9% | 17.8% |
| $300,000 to $499,999 | 14.6% (±9.4 points) | 32.9% | 34.2% | 26.9% |
| $500,000 to $999,999 | 61.5% (±13.0 points) | 44.0% | 34.5% | 20.9% |
| $1,000,000 or more | 23.9% (±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
| Bedminster | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $742,200 (±$99,061) | $552,100 (±$7,374) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 397 (±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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Bedminster | — | $742,200 (±$99,061) | — |
| Far Hills Borough | 2.3 mi | $792,100 (±$91,658) | Not measurably different |
| The Hills | 2.5 mi | $577,000 (±$52,568) | Lower |
| Peapack and Gladstone Borough | 2.9 mi | $868,800 (±$51,688) | Higher |
| Liberty Corner | 4.1 mi | $1,187,500 (±$244,623) | Higher |
| Bernards Township | 4.9 mi | $814,800 (±$33,665) | Not measurably different |
| Bridgewater Center | 5.0 mi | $703,700 (±$31,769) | Not measurably different |
| Bernardsville Borough | 5.3 mi | $793,800 (±$86,197) | Not measurably different |
| Green Knoll | 5.4 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
| Rank | Place | Median home value |
|---|---|---|
| 1 | Liberty Corner | $1,187,500 (±$244,623) |
| 2 | Lyons | $1,037,400 (±$103,804) |
| 3 | Basking Ridge | $851,200 (±$32,792) |
| 4 | Belle Mead | $810,300 (±$50,803) |
| 5 | Neshanic Station | $770,300 (±$92,319) |
| 6 | Bedminster | $742,200 (±$99,061) |
| 7 | Blackwells Mills | $735,000 (±$39,664) |
| 8 | Martinsville | $720,400 (±$26,428) |
| 9 | Ten Mile Run | $710,200 (±$85,998) |
| 10 | Bridgewater Center | $703,700 (±$31,769) |
| 11 | Franklin Center | $612,000 (±$23,497) |
| 12 | Green 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bedminster CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bedminster CDP, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bedminster CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bedminster CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
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