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Featured local agent — Connecticut Farms, NJ
Sarah Mitchell
Compass Real Estate · Connecticut Farms, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Connecticut Farms, NJ Housing Market
The last median sale price Redfin published was $509,998 (through May 2026). With 1.0 months of supply and homes going under contract in about 48 days, Connecticut Farms is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $509,998 home is about $2,723/mo in principal and interest.
Key numbers for Connecticut Farms, NJ
Median sale price
$509,998
Last published period
Redfin, through April 2026
Days on market
48
Average pace
Redfin, through April 2026
Active listings
2
1.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
98.5%
Selling below asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Connecticut Farms a buyer's or seller's market?
Connecticut Farms, NJ is a seller's market, based on 1.0 months of supply and homes selling in about 48 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Connecticut Farms housing market data show?
Every row below is Redfin's final published month for Connecticut Farms, NJ. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $509,998 |
| Median list price | $499,000 |
| Median price per sq ft | $360/sq ft |
| Median days on market | 48 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.5% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Connecticut Farms is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Connecticut Farms is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Connecticut Farms home prices moved?
Across the 27 months we hold for Connecticut Farms, NJ, the median sale price rose 20.0%, from $425,000 in April 2021 to $509,998. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 98.5%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Connecticut Farms?
Priced off the median sale price of $509,998 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $102,000 | $407,998 | $2,723/mo |
| 5% | $25,500 | $484,498 | $3,233/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,723, that implies roughly $116,685 a year before you add taxes and insurance. We do not hold a Census income figure for Connecticut Farms, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Connecticut Farms in the next 12 months?
Tell us your timeline. We send the Connecticut Farms market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Connecticut Farms?
Zillow does not publish a rent index (ZORI) for Connecticut Farms, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Connecticut Farms?
Active listings in Connecticut Farms, NJ went from 1 in April 2023 to 2 in April 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2023 | 2 | not published |
| July 2023 | 3 | 3 |
| September 2023 | 2 | 1 |
| October 2023 | 1 | not published |
| November 2023 | 1 | 2 |
| December 2023 | 1 | not published |
| January 2025 | 1 | not published |
| June 2025 | 3 | 2 |
| August 2025 | 1 | not published |
| September 2025 | 1 | 1 |
| November 2025 | 1 | not published |
| April 2026 | 2 | 1 |
Redfin, through April 2026
How does Connecticut Farms compare to New Jersey and the U.S.?
Connecticut Farms homes sell for $509,998 — 12% below the New Jersey median of $579,900. Against the national median of $410,700, Connecticut Farms runs 24% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Connecticut Farms, NJ | $509,998 | not published | 48 days |
| New Jersey statewide | $579,900 | +3.7% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Connecticut Farms
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $510 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $509,998 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Connecticut Farms listing goes under contract in 48 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Connecticut Farms added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Connecticut Farms varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Connecticut Farms
There are currently 2 homes listed for sale in Connecticut Farms, New Jersey. The median listing price is $499K.
Active listings
2
Homes on market
Median list price
$499K
Avg. days on market
48
Days until sale
New this week
1
Newly listed
How much do homes cost in Connecticut Farms by property type?
How the Connecticut Farms, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $359,995 | $360/sq ft | 1 | 12 days |
Who lives in Connecticut Farms?
American Community Survey estimates for Connecticut Farms. U.S. Census ACS, 2023
Population
457
Households
147
Median age
59.9 years
Owner-occupied
85.7%
Median home value
$418,800
Mean commute
37.4 min
85.7% of occupied homes in Connecticut Farms are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Connecticut Farms, NJ?
Ordered by distance from Connecticut Farms, not by size. Compare Connecticut Farms side by side with any of them.
Connecticut Farms housing market FAQ
Is Connecticut Farms a buyer's or seller's market?
Connecticut Farms, NJ is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 48 days, and sellers getting 98.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Connecticut Farms?
The median sale price in the last month Redfin published was $509,998, about $360 per square foot.
Is Connecticut Farms cheaper than the rest of New Jersey?
Connecticut Farms's median sale price of $509,998 is 12% lower than the New Jersey statewide median of $579,900, and 24% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Connecticut Farms?
Homes in Connecticut Farms, NJ spent a median of 48 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Connecticut Farms?
At the current 30-year fixed rate of 7.03%, 20% down on a $509,998 home is about $2,723 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $116,685 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Connecticut Farms?
We do not hold a complete 12-month value series for Connecticut Farms, NJ yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Connecticut Farms?
Connecticut Farms ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Connecticut Farms?
That depends on your timeline, not on a headline. What the data says today: Connecticut Farms, NJ is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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