Market Overview
Home Prices in Somerdale, NJ
The median home value in Somerdale, NJ is $358,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Somerdale are priced13% below average. Somerdale is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Somerdale home values have risen by approximately46.7%, reflecting strong long-term appreciation in this market.
Price History
Somerdale Home Price Trend
City Comparison
Somerdale vs. National Median
At $358,701, homes in Somerdale cost 13% below the national median of $410,000. This makes Somerdale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Somerdale?
20% Down Payment
$71,740
on $358,701
Monthly P&I
$1,871/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,376/mo
incl. taxes & insurance
Income Needed
$95,040
gross annual (30% rule)
10% Down Option
$35,870
+ PMI applies
Loan Amount (20% dn)
$286,961
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Somerdale, NJ?
The median home value in Somerdale is $358,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Somerdale?
Over the past year, home values in Somerdale have increased by 4.9%. Over five years, prices have risen approximately 46.7%.
How much do I need to earn to buy a home in Somerdale?
To comfortably afford the median home price of $358,701 with a 20% down payment ($71,740) at today's rates (6.8%), you'd need a gross annual income of approximately $95,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Somerdale compare to the national average home price?
The national median home value is approximately $410,000. At $358,701, homes in Somerdale are 13% below the national average.
What metro area is Somerdale part of?
Somerdale is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.