Housing in Fanwood, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$783,749

Median List Price

$674,500

Price Per Sq Ft

$408

Days on Market

24

Active Inventory

10

Months of Supply

1.7

Seller's market

Zillow Home Value

$767,046

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.4%List Price 12.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

101.4%

Seller's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
50.0%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

4

Pending Sales

2

Homes Sold 0.0%New Listings 55.6%Pending 71.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$408

Median List $/SF

$396

Sale $/SF 10.5%List $/SF 6.7%Mar 24Jan 26

Fanwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Fanwood 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

$610,600

Median Rent

$2,368

Total Housing Units

2,783

Vacancy Rate

0.3%

Owner Occupied

86.5%

Renter Occupied

13.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,156

Housing Types

Single Family
89.3%
Multi-Family
10.0%
Mobile Home
0.8%

The current median sale price in Fanwood, NJ is $783,749 according to Redfin data. Homes spend a median of 24 days on the market. 33.3% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $408. The median rent is $2,368 per month (Census ACS). About 86.5% of housing units are owner-occupied. The median year homes were built is 1954. There are 2,783 total housing units.