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Featured local agent — Madison Park, NJ
Sarah Mitchell
Compass Real Estate · Madison Park, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Madison Park, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$532,000median sale price
How is the Madison Park, NJ housing market right now?
The median home sale price in Madison Park, NJ is $532,000, up 0.4% year-over-year. Homes sell in an average of 62 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Madison Park a buyer's or seller's market?
Madison Park, NJ is currently a seller's market, based on 1.0 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
62
Average pace
Active listings
3
1.0 months supply
Sale-to-list
102.6%
Above asking
What does the Madison Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $532,000 |
| Median list price | $524,900 |
| Year-over-year price change | +0.4% |
| Average days on market | 62 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $451/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Madison Park by property type?
How the Madison Park, 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 | $532,000 | $451/sq ft | 3 | 62 days |
Source: Redfin · Updated monthly
The Madison Park housing market is currently classified as a seller's market with a median sale price of $532,000. Prices have risen 0.4% compared to last year, with homes spending an average of 62 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Madison Park
There are currently 3 homes listed for sale in Madison Park, New Jersey. The median listing price is $525K.
Active listings
3
Homes on market
Median list price
$525K
Avg. days on market
62
Days until sale
New this week
3
Newly listed
Who lives in Madison Park?
Population
8,798
Median income
$76,396/yr
Median age
32.3 years
Owner-occupied
31.9%
College grads
31.1%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What is it like to live in Madison Park?
Madison Park is a community of approximately 9K residents with a median age of 32.3 years.The median household income is $76,396, which reflects a relatively affluent area with strong earning potential. 31.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 31.9%, showing a blend of owner and renter-occupied properties. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Madison Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Madison Park, NJ?
Want a head-to-head view? Compare Madison Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Madison Park?
The median home sale price in Madison Park is $532,000, up 0.4% from last year.
How long do homes stay on market in Madison Park?
Homes typically spend 62 days on market before going under contract.
What is the median income in Madison Park?
The median household income is $76,396 per year.
Is Madison Park a buyer's or seller's market?
With 1.0 months of supply, Madison Park is currently a seller's market.
How much does a single-family home cost in Madison Park?
The median single-family home price in Madison Park, NJ is $532,000 (about $451 per square foot).
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