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Featured local agent — New Brunswick, NJ
Sarah Mitchell
Compass Real Estate · New Brunswick, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Brunswick, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$422,500median sale price
How is the New Brunswick, NJ housing market right now?
The median home sale price in New Brunswick, NJ is $422,500, down 4.7% year-over-year. Homes sell in an average of 88 days with 81 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 New Brunswick a buyer's or seller's market?
New Brunswick, NJ is currently a buyer's market, based on 8.1 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
88
Average pace
Active listings
81
8.1 months supply
Sale-to-list
101.8%
Above asking
What does the New Brunswick housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $422,500 |
| Median list price | $499,000 |
| Year-over-year price change | -4.7% |
| Average days on market | 88 days |
| Active inventory | 81 listings |
| Months of supply | 8.1 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $291/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 21 |
| Listings with a price cut | 8.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Brunswick by property type?
How the New Brunswick, 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 | $385,000 | $293/sq ft | 7 | 89 days |
| Condo / Co-op | $447,500 | $324/sq ft | 2 | 14 days |
| Townhouse | $559,995 | $534/sq ft | 1 | 62 days |
Source: Redfin · Updated monthly
The New Brunswick housing market is currently classified as a buyer's market with a median sale price of $422,500. Prices have fallen 4.7% compared to last year, with homes spending an average of 88 days on market, indicating 8.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.
Homes for sale in New Brunswick
There are currently 81 homes listed for sale in New Brunswick, New Jersey. The median listing price is $499K.
Active listings
81
Homes on market
Median list price
$499K
Avg. days on market
88
Days until sale
New this week
21
Newly listed
Who lives in New Brunswick?
Population
55,744
Median income
$60,248/yr
Median age
24.5 years
Owner-occupied
21.8%
College grads
24.0%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in New Brunswick?
Zillow home value
$452,183
Zillow rent index
$2,726/mo
Price-to-rent ratio
13.8x
Price-to-income
7.5x
Source: Zillow Research
What is it like to live in New Brunswick?
New Brunswick is a community of approximately 56K residents with a median age of 24.5 years.The median household income is $60,248, which represents a working-class community with solid middle-income opportunities. 24.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 21.8%, showing a blend of owner and renter-occupied properties. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Brunswick offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Brunswick?
14 schools tracked · 9,021 students
The largest public schools serving New Brunswick, 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.
New Brunswick High School
Grades 9-12 · 2,504 students
New Brunswick Middle School
Grades 6-8 · 1,139 students
Blanquita B. Valenti Community School
Grades K-8 · 760 students
A Chester Redshaw School
Grades PK-5 · 736 students
Paul Robeson Community School for the Arts
Grades PK-8 · 645 students
Roosevelt Elementary School
Grades K-5 · 620 students
Mckinley Community School
Grades PK-8 · 574 students
Lord Stirling Elementary School
Grades PK-5 · 470 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 New Brunswick, NJ?
Want a head-to-head view? Compare New Brunswick side-by-side with any other U.S. city using our market-comparison tool.
Is New Brunswick a good real estate investment market?
For investors evaluating New Brunswick, the price-to-rent ratio of 13.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 4.7% 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 New Brunswick's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Brunswick's median home price.
Frequently asked questions
What is the average home price in New Brunswick?
The median home sale price in New Brunswick is $422,500, down 4.7% from last year.
How long do homes stay on market in New Brunswick?
Homes typically spend 88 days on market before going under contract.
What is the median income in New Brunswick?
The median household income is $60,248 per year.
Is New Brunswick a buyer's or seller's market?
With 8.1 months of supply, New Brunswick is currently a buyer's market.
What is the Zillow home value estimate for New Brunswick?
The Zillow Home Value Index (ZHVI) for New Brunswick is $452,183, representing the typical home value in the area.
What is the median condo price in New Brunswick?
The median condo/co-op sale price in New Brunswick, NJ is $447,500, compared to $385,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in New Brunswick?
The median single-family home price in New Brunswick, NJ is $385,000 (about $293 per square foot).
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