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Featured local agent — Cranbury, NJ
Sarah Mitchell
Compass Real Estate · Cranbury, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cranbury, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$565,000median sale price
How is the Cranbury, NJ housing market right now?
The median home sale price in Cranbury, NJ is $565,000, down 42.2% year-over-year. Homes sell in an average of 252 days with 5 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cranbury a buyer's or seller's market?
Cranbury, NJ is currently a buyer's market, based on 5.0 months of supply and homes selling in about 252 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
252
Average pace
Active listings
5
5.0 months supply
Sale-to-list
95.0%
Below asking
What does the Cranbury housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $860,405 |
| Year-over-year price change | -42.2% |
| Average days on market | 252 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $313/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Cranbury by property type?
How the Cranbury, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $565,000 | $313/sq ft | 1 | 252 days |
| Condo / Co-op | $114,113 | $172/sq ft | 2 | 57 days |
Source: Redfin · Updated monthly
The Cranbury housing market is currently classified as a buyer's market with a median sale price of $565,000. Prices have fallen 42.2% compared to last year, with homes spending an average of 252 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Cranbury
There are currently 5 homes listed for sale in Cranbury, New Jersey. The median listing price is $860K.
Active listings
5
Homes on market
Median list price
$860K
Avg. days on market
252
Days until sale
New this week
1
Newly listed
Who lives in Cranbury?
Population
2,304
Median income
$230,703/yr
Median age
51.6 years
Owner-occupied
86.0%
College grads
75.8%
Avg commute
37.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Cranbury?
Cranbury is a community of approximately 2K residents with a median age of 51.6 years.The median household income is $230,703, which reflects a relatively affluent area with strong earning potential. 75.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Cranbury offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cranbury?
1 schools tracked · 438 students
The largest public schools serving Cranbury, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cranbury School
Grades PK-8 · 438 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cranbury, NJ?
Want a head-to-head view? Compare Cranbury side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cranbury?
The median home sale price in Cranbury is $565,000, down 42.2% from last year.
How long do homes stay on market in Cranbury?
Homes typically spend 252 days on market before going under contract.
What is the median income in Cranbury?
The median household income is $230,703 per year.
Is Cranbury a buyer's or seller's market?
With 5.0 months of supply, Cranbury is currently a buyer's market.
What is the median condo price in Cranbury?
The median condo/co-op sale price in Cranbury, NJ is $114,113, compared to $565,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cranbury?
The median single-family home price in Cranbury, NJ is $565,000 (about $313 per square foot).
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