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Featured local agent — Edison, NJ
Sarah Mitchell
Compass Real Estate · Edison, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Edison, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$515,000median sale price
How is the Edison, NJ housing market right now?
The median home sale price in Edison, NJ is $515,000, down 15.6% year-over-year. Homes sell in an average of 71 days with 304 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Edison a buyer's or seller's market?
Edison, NJ is currently a buyer's market, based on 7.1 months of supply and homes selling in about 71 days. How we determine this →
Homes sold
43
Last 12 weeks
Days on market
71
Average pace
Active listings
304
7.1 months supply
Sale-to-list
99.9%
Below asking
What does the Edison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $515,000 |
| Median list price | $679,000 |
| Year-over-year price change | -15.6% |
| Average days on market | 71 days |
| Active inventory | 304 listings |
| Months of supply | 7.1 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $405/sq ft |
| Homes sold (latest month) | 43 |
| New listings (latest month) | 93 |
| Listings with a price cut | 12.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Edison by property type?
How the Edison, 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 | $560,000 | $411/sq ft | 39 | 71 days |
| Condo / Co-op | $166,000 | $268/sq ft | 3 | 142 days |
| Townhouse | $515,000 | $381/sq ft | 1 | 57 days |
Source: Redfin · Updated monthly
The Edison housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have fallen 15.6% compared to last year, with homes spending an average of 71 days on market, indicating 7.1 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 Edison
There are currently 304 homes listed for sale in Edison, New Jersey. The median listing price is $679K.
Active listings
304
Homes on market
Median list price
$679K
Avg. days on market
71
Days until sale
New this week
93
Newly listed
What are homes worth in Edison?
Zillow home value
$649,271
Zillow rent index
$2,889/mo
Price-to-rent ratio
18.7x
Source: Zillow Research
Which public schools serve Edison?
20 schools tracked · 16,987 students
The largest public schools serving Edison, 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.
John P. Stevens High School
Grades 9-12 · 2,675 students
Edison High School
Grades 9-12 · 2,336 students
Woodrow Wilson Middle School
Grades 6-8 · 1,204 students
Herbert Hoover Middle School
Grades 6-8 · 1,031 students
John Adams Middle School
Grades 6-8 · 1,009 students
Lincoln Elementary School
Grades K-5 · 948 students
Thomas Jefferson Middle School
Grades 6-8 · 948 students
Woodbrook Elementary School
Grades K-5 · 885 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 Edison, NJ?
Want a head-to-head view? Compare Edison side-by-side with any other U.S. city using our market-comparison tool.
Is Edison a good real estate investment market?
For investors evaluating Edison, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 15.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Edison's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Edison's median home price.
Frequently asked questions
What is the average home price in Edison?
The median home sale price in Edison is $515,000, down 15.6% from last year.
How long do homes stay on market in Edison?
Homes typically spend 71 days on market before going under contract.
Is Edison a buyer's or seller's market?
With 7.1 months of supply, Edison is currently a buyer's market.
What is the Zillow home value estimate for Edison?
The Zillow Home Value Index (ZHVI) for Edison is $649,271, representing the typical home value in the area.
What is the median condo price in Edison?
The median condo/co-op sale price in Edison, NJ is $166,000, compared to $560,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Edison?
The median single-family home price in Edison, NJ is $560,000 (about $411 per square foot).
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