Housing in Matawan, 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

$525,000

Price Per Sq Ft

$364

Days on Market

19

Active Inventory

10

Months of Supply

1.4

Seller's market

Zillow Home Value

$628,917

ZHVI — January 2026

Zillow Rent Index

$2,467

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 29.0%List Price 33.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

71.4%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

102.5%

Seller's market

Sold Above Asking
71.4%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

5

Pending Sales

3

Homes Sold 12.5%New Listings 16.7%Pending 57.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$364

Median List $/SF

$382

Sale $/SF 21.3%List $/SF 19.0%Mar 24Jan 26

Matawan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Matawan 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

$447,000

Median Rent

$1,714

Total Housing Units

3,853

Vacancy Rate

3.6%

Owner Occupied

57.2%

Renter Occupied

42.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,467

Housing Types

Single Family
52.5%
Multi-Family
47.5%
Mobile Home
0.0%

The current median sale price in Matawan, NJ is $565,000 according to Redfin data. Homes spend a median of 19 days on the market. 71.4% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $364. Zillow's observed rent index is $2,467/month. About 57.2% of housing units are owner-occupied. The median year homes were built is 1972. There are 3,853 total housing units.