Housing in Mendham, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$867,500
Median List Price
$750,000
Price Per Sq Ft
$693
Days on Market
35
Active Inventory
6
Months of Supply
3.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
102.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
5
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$693
Median List $/SF
$390
Mendham vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Mendham 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
$764,000
Median Rent
$3,250
Total Housing Units
1,823
Vacancy Rate
1.7%
Owner Occupied
85.7%
Renter Occupied
14.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,896
Housing Types
The current median sale price in Mendham, NJ is $867,500 according to Redfin data. Homes spend a median of 35 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $693. The median rent is $3,250 per month (Census ACS). About 85.7% of housing units are owner-occupied. The median year homes were built is 1972. There are 1,823 total housing units.