Housing in Carteret, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$525,000

Median List Price

$507,499

Price Per Sq Ft

$352

Days on Market

104

Active Inventory

44

Months of Supply

2.9

Seller's market

Zillow Home Value

$540,273

ZHVI — January 2026

Zillow Rent Index

$2,395

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.1%List Price 9.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

73.3%

Off Market in 2 Weeks

23.1%

Sale-to-List Ratio

101.7%

Seller's market

Sold Above Asking
73.3%
Under Contract in 2 Wks
23.1%
Listings with Price Drops
6.8%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

10

Pending Sales

13

Homes Sold 15.4%New Listings 0.0%Pending 13.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$352

Median List $/SF

$329

Sale $/SF 7.3%List $/SF 10.0%Mar 24Jan 26

Carteret vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Carteret 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

$370,200

Median Rent

$2,012

Total Housing Units

8,702

Vacancy Rate

4.4%

Owner Occupied

55.2%

Renter Occupied

44.8%

Median Property Tax

$7,772

per year

Monthly Cost (w/ Mortgage)

$1,713

Housing Types

Single Family
56.7%
Multi-Family
40.6%
Mobile Home
2.7%

The current median sale price in Carteret, NJ is $525,000 according to Redfin data. Homes spend a median of 104 days on the market. 73.3% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $352. Zillow's observed rent index is $2,395/month. About 55.2% of housing units are owner-occupied. The median year homes were built is 1960. There are 8,702 total housing units.