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Featured local agent — Metuchen, NJ
Sarah Mitchell
Compass Real Estate · Metuchen, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Metuchen, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$790,000median sale price
How is the Metuchen, NJ housing market right now?
The median home sale price in Metuchen, NJ is $790,000, down 2.3% year-over-year. Homes sell in an average of 49 days with 37 active listings. The market is currently a seller'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 Metuchen a buyer's or seller's market?
Metuchen, NJ is currently a seller's market, based on 3.1 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
49
Average pace
Active listings
37
3.1 months supply
Sale-to-list
105.5%
Above asking
What does the Metuchen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $790,000 |
| Median list price | $837,000 |
| Year-over-year price change | -2.3% |
| Average days on market | 49 days |
| Active inventory | 37 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 105.5% |
| Median price per sq ft | $463/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 14 |
| Listings with a price cut | 10.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Metuchen by property type?
How the Metuchen, 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 | $790,000 | $463/sq ft | 12 | 49 days |
| Condo / Co-op | $287,000 | $465/sq ft | 1 | 23 days |
| Townhouse | $469,000 | $360/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Metuchen housing market is currently classified as a seller's market with a median sale price of $790,000. Prices have fallen 2.3% compared to last year, with homes spending an average of 49 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Metuchen
There are currently 37 homes listed for sale in Metuchen, New Jersey. The median listing price is $837K.
Active listings
37
Homes on market
Median list price
$837K
Avg. days on market
49
Days until sale
New this week
14
Newly listed
Who lives in Metuchen?
Population
14,982
Median income
$157,779/yr
Median age
39.4 years
Owner-occupied
74.6%
College grads
66.8%
Avg commute
37.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Metuchen?
Zillow home value
$700,727
Zillow rent index
$2,894/mo
Price-to-rent ratio
20.2x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Metuchen?
Metuchen is a community of approximately 15K residents with a median age of 39.4 years.The median household income is $157,779, which reflects a relatively affluent area with strong earning potential. 66.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 74.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Metuchen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Metuchen?
5 schools tracked · 2,628 students
The largest public schools serving Metuchen, 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.
Edgar Middle School
Grades 5-8 · 769 students
Metuchen High School
Grades 9-12 · 698 students
Campbell Elementary School
Grades 1-4 · 678 students
Menlo Park Terrace Elementary School
Grades K-5 · 344 students
Mildred B. Moss Elementary School
Grades PK-K · 139 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 Metuchen, NJ?
Want a head-to-head view? Compare Metuchen side-by-side with any other U.S. city using our market-comparison tool.
Is Metuchen a good real estate investment market?
For investors evaluating Metuchen, the price-to-rent ratio of 20.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.3% 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 Metuchen's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Metuchen's median home price.
Frequently asked questions
What is the average home price in Metuchen?
The median home sale price in Metuchen is $790,000, down 2.3% from last year.
How long do homes stay on market in Metuchen?
Homes typically spend 49 days on market before going under contract.
What is the median income in Metuchen?
The median household income is $157,779 per year.
Is Metuchen a buyer's or seller's market?
With 3.1 months of supply, Metuchen is currently a seller's market.
What is the Zillow home value estimate for Metuchen?
The Zillow Home Value Index (ZHVI) for Metuchen is $700,727, representing the typical home value in the area.
What is the median condo price in Metuchen?
The median condo/co-op sale price in Metuchen, NJ is $287,000, compared to $790,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Metuchen?
The median single-family home price in Metuchen, NJ is $790,000 (about $463 per square foot).
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