Housing in Erma, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$680,000
Median List Price
N/A
Price Per Sq Ft
$237
Days on Market
19
Active Inventory
8
Months of Supply
8.0
Buyer's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.7%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$237
Erma vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Erma 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
$378,000
Median Rent
$1,576
Total Housing Units
907
Vacancy Rate
13.8%
Owner Occupied
73.0%
Renter Occupied
27.0%
Median Property Tax
$4,603
per year
Monthly Cost (w/ Mortgage)
$1,474
Housing Types
The current median sale price in Erma, NJ is $680,000 according to Redfin data. Homes spend a median of 19 days on the market. 100.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $237. The median rent is $1,576 per month (Census ACS). About 73.0% of housing units are owner-occupied. The median year homes were built is 1977. There are 907 total housing units.