Housing in Cedar Knolls, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$635,000
Median List Price
$525,000
Price Per Sq Ft
$362
Days on Market
23
Active Inventory
2
Months of Supply
0.3
Seller's market
Zillow Rent Index
$3,078
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
66.7%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
102.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$362
Median List $/SF
$357
Cedar Knolls vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cedar Knolls 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
$610,100
Median Rent
$2,802
Total Housing Units
1,825
Vacancy Rate
3.9%
Owner Occupied
60.8%
Renter Occupied
39.2%
Median Property Tax
$8,514
per year
Monthly Cost (w/ Mortgage)
$2,722
Housing Types
The current median sale price in Cedar Knolls, NJ is $635,000 according to Redfin data. Homes spend a median of 23 days on the market. 66.7% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $362. Zillow's observed rent index is $3,078/month. About 60.8% of housing units are owner-occupied. The median year homes were built is 1979. There are 1,825 total housing units.