Housing in Cranbury, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$565,000

Median List Price

N/A

Price Per Sq Ft

$313

Days on Market

252

Active Inventory

4

Months of Supply

4.0

Balanced market

Price Trends

Source: Redfin
Sale Price 33.9%List Price 9.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold 0.0%New Listings 66.7%Pending 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$313

Sale $/SF 21.0%List $/SF 21.3%Mar 24Jan 26

Cranbury vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Cranbury 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

$794,500

Median Rent

$1,594

Total Housing Units

856

Vacancy Rate

4.0%

Owner Occupied

86.0%

Renter Occupied

14.0%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,143

Housing Types

Single Family
91.2%
Multi-Family
8.8%
Mobile Home
0.0%

The current median sale price in Cranbury, NJ is $565,000 according to Redfin data. Homes spend a median of 252 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $313. The median rent is $1,594 per month (Census ACS). About 86.0% of housing units are owner-occupied. The median year homes were built is 1966. There are 856 total housing units.