2025 Compare Cities Housing:
Raleigh, NC vs Somerset, NJ

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Highlights
- The median age of a home in Raleigh is 59.3% younger than the median age of a home in Somerset.
 Raleigh, NCSomerset, NJUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$432,200$338,100
 Home Appr. Last 12 months23.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.3%57.0%
 Home Appr. Last 10 yrs.122.8%  Unlock101.1%
 Property Tax Rate  Unlock$22.2$11.0
 Homes Owned46.7%  Unlock57.4%
 Housing Vacant  Unlock5.3%11.2%
 Homes Rented43.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Raleigh, NCSomerset, NJUnited States
 Average Rent  Unlock$2,510$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,660$1,180
 2 Bedroom Home or Apartment$1,450  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,550$1,860
 4 Bedroom Home or Apartment$2,350  Unlock$2,160
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 Vacant Housing
 Raleigh, NCSomerset, NJUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented2.2%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other2.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Raleigh, NCSomerset, NJUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9996.6%  Unlock11.3%
 $150,000 to $199,999  Unlock5.2%13.0%
 $200,000 to $299,99928.3%  Unlock20.1%
 $300,000 to $399,999  Unlock37.6%13.6%
 $400,000 to $499,99911.0%  Unlock8.3%
 $500,000 to $749,999  Unlock4.6%9.7%
 $750,000 to $999,9994.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Raleigh, NCSomerset, NJUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock4.3%13.6%
 2000 to 200923.4%  Unlock13.6%
 1990 to 1999  Unlock6.2%13.6%
 1980 to 198916.8%  Unlock13.2%
 1970 to 1979  Unlock14.5%14.8%
 1960 to 196918.5%  Unlock13.6%
 1950 to 1959  Unlock10.0%10.0%
 1940 to 19491.6%  Unlock4.7%
 1939 or Earlier  Unlock3.2%12.2%
Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 2 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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Reviews for Somerset    7 Reviews

Over 11 years ago

I am moving to Somerset. I have heard that Cost of living to too high in somerset. I am getting a pay Of $72,800.00 per year. Can I survive with this pay. I am moving  More

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Over 13 years ago

best plce for 55+  More

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Over 18 years ago

Very nice place to live. Very  More

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