Housing in Basking Ridge, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$826,500
Median List Price
$1,647,500
Price Per Sq Ft
$395
Days on Market
62
Active Inventory
4
Months of Supply
1.0
Seller's market
Zillow Home Value
$906,147
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
102.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
2
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$395
Median List $/SF
$330
Basking Ridge vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Basking Ridge is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$841,700
Median Rent
$565
Total Housing Units
2,955
Vacancy Rate
1.9%
Owner Occupied
84.6%
Renter Occupied
15.4%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,920
Housing Types
The current median sale price in Basking Ridge, NJ is $826,500 according to Redfin data. Homes spend a median of 62 days on the market. 50.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $395. The median rent is $565 per month (Census ACS). About 84.6% of housing units are owner-occupied. The median year homes were built is 1972. There are 2,955 total housing units.