Homes Under $400K in Somerset County: Key Sales from Sept. 15-21

URGENT UPDATE: The real estate market in Somerset County is heating up, with significant property sales confirmed for homes priced at or under $400,000 from September 15 to September 21, 2023. Prospective homebuyers should take note of these latest developments as the demand for affordable housing continues to surge.

During this week, several properties changed hands, reflecting a competitive market where buyers are eager to secure their investments. Notably, the following homes were sold for prices that align with affordability goals:

1. A single-family residence at 117 Wichser Lane was sold for $385,000, offering 935 square feet of living space on a generous 1.6-acre lot. The sale was finalized on August 29, showcasing the allure of properties built in 1940.

2. Another significant sale includes a condominium at 1106 Tudor Court, which changed ownership for $379,000. This 1,401 square foot unit, built in 1976, was finalized on August 29, translating to approximately $271 per square foot.

3. At 77 Avebury Place, a detached house was sold at $370,600 on September 3. This property, offering 1,428 square feet of space, features a 2,016-square-foot lot and was built in 1986.

4. A condominium at 1068 Robin Road went for $370,000 on September 4, providing 1,472 square feet of living area for its new owners.

5. Another notable transaction was a condominium at 913 Renate Drive, sold for $360,000. With 1,550 square feet and built in 1975, this property finalized on September 2.

6. At 15 Lynn Court, a single-family home was sold for $316,500 on September 4, offering an impressive 1,720 square feet of living space on a 0.7-acre lot.

7. A condominium at 3108 Cromwell Court fetched $309,000, selling on August 29. This 1,068 square foot unit, constructed in 1976, was a sought-after property.

8. A smaller condominium at 3606 Royce Court, featuring one bedroom, sold for $285,000 on September 3. The 960 square feet home offers a cozy living space built in 1987.

9. Another property, located at 197 English Place, sold for $239,969 on September 2, offering 957 square feet of living area.

10. Finally, a condominium at 676 Us Highway 202/206 closed at $235,000 on September 3, providing 1,352 square feet for its new residents.

These recent sales highlight the ongoing demand for affordable housing options in Somerset County. As the market continues to evolve, homebuyers are encouraged to act quickly, as properties in this price range are becoming increasingly competitive.

For more updates on real estate trends, stay tuned as we continue to monitor developments in Somerset and surrounding counties. The urgency for affordable housing has never been higher!