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Advertise here →Blackwells Mills, NJ · Market Data
Blackwells Mills, New Jersey real estate market data.
Real estate market data for Blackwells Mills, NJ (Somerset County) — Census median home value $736,000, county listing prices down about 3.6% over the past year.
Blackwells Mills, NJ is in Somerset County, New Jersey — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 10,220, with a median household income of $248,149. Census data puts Blackwells Mills's median home value at $736,000 (all owner-occupied homes); Somerset County's current median listing price runs $669,950, down about 3.6% over the past year.
At a glance
Blackwells Mills market snapshot
Population
10,220
Median Household Income
$248,149
Median Home Value (city)
$736,000
Median Listing Price (Somerset County)
$669,950
Median Gross Rent
$3,148/mo
Price Trend (YoY)
-3.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Blackwells Mills different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Blackwells Mills's median home value — across all owner-occupied homes, not just recent sales — at $736,000. Separately, Somerset County's current median listing price (via Realtor.com data, 2026-06-01) runs $669,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Somerset County's FHFA house price index shows a 6.3% annual change in 2025.
Population & Income
Blackwells Mills has an estimated population of 10,220 and a median household income of $248,149, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Blackwells Mills's Census-reported median home value works out to about 3.0x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Blackwells Mills FAQ
What are home values like in Blackwells Mills, NJ?
The Census Bureau's American Community Survey puts Blackwells Mills's median home value at $736,000. Somerset County's current median listing price runs $669,950, down about 3.6% over the past year.
What is the population of Blackwells Mills, NJ?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Blackwells Mills's population at approximately 10,220.
What's the median rent in Blackwells Mills, NJ?
The Census ACS estimates median gross rent in Blackwells Mills at approximately $3,148 per month.
What is the median household income in Blackwells Mills, NJ?
Census ACS data puts the median household income in Blackwells Mills at approximately $248,149.
Is the Blackwells Mills housing market growing?
Somerset County's FHFA house price index shows a 6.3% annual change in 2025.
Is Blackwells Mills, NJ affordable relative to income?
Census ACS data puts Blackwells Mills's median home value at about 3.0 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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