Housing in Watchung, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,125,000
Median List Price
$1,399,999
Price Per Sq Ft
$372
Days on Market
20
Active Inventory
8
Months of Supply
2.0
Seller's market
Zillow Home Value
$1,027,002
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
109.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$372
Median List $/SF
$292
Watchung vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Watchung 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
$833,300
Median Rent
$2,571
Total Housing Units
2,429
Vacancy Rate
4.2%
Owner Occupied
87.4%
Renter Occupied
12.6%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,422
Housing Types
The current median sale price in Watchung, NJ is $1,125,000 according to Redfin data. Homes spend a median of 20 days on the market. 50.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $372. The median rent is $2,571 per month (Census ACS). About 87.4% of housing units are owner-occupied. The median year homes were built is 1970. There are 2,429 total housing units.