Housing in Rahway, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$585,000
Median List Price
$559,500
Price Per Sq Ft
$355
Days on Market
68
Active Inventory
50
Months of Supply
4.5
Balanced market
Zillow Home Value
$521,912
ZHVI — January 2026
Zillow Rent Index
$2,468
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
54.5%
Off Market in 2 Weeks
21.1%
Sale-to-List Ratio
101.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
11
New Listings
30
Pending Sales
19
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$355
Median List $/SF
$394
Rahway vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Rahway 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
$362,300
Median Rent
$1,764
Total Housing Units
12,811
Vacancy Rate
5.1%
Owner Occupied
53.4%
Renter Occupied
46.6%
Median Property Tax
$9,896
per year
Monthly Cost (w/ Mortgage)
$2,340
Housing Types
The current median sale price in Rahway, NJ is $585,000 according to Redfin data. Homes spend a median of 68 days on the market. 54.5% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $355. Zillow's observed rent index is $2,468/month. About 53.4% of housing units are owner-occupied. The median year homes were built is 1961. There are 12,811 total housing units.