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Sarah Mitchell

CNESRESABR

Compass Real Estate · Perth Amboy, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Perth Amboy, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Perth Amboy, NJ Housing Market & Real Estate

Balanced market-10.6% YoY

Housing market overview · Updated monthly ·

$420,000median sale price

How is the Perth Amboy, NJ housing market right now?

The median home sale price in Perth Amboy, NJ is $420,000, down 10.6% year-over-year. Homes sell in an average of 72 days with 71 active listings. The market is currently a balanced 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 Perth Amboy a buyer's or seller's market?

Balanced market3.6 months of supply72 avg. days on market

Perth Amboy, NJ is currently a balanced market, based on 3.6 months of supply and homes selling in about 72 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

72

Average pace

Active listings

71

3.6 months supply

Sale-to-list

100.5%

Above asking

What does the Perth Amboy housing market data show?

Current housing market statistics for Perth Amboy, NJ
MetricValue
Median sale price$420,000
Median list price$450,000
Year-over-year price change-10.6%
Average days on market72 days
Active inventory71 listings
Months of supply3.6 months
Sale-to-list price ratio100.5%
Median price per sq ft$292/sq ft
Homes sold (latest month)20
New listings (latest month)23
Listings with a price cut9.9%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Perth Amboy by property type?

How the Perth Amboy, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Perth Amboy, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$420,000$292/sq ft1569 days
Condo / Co-op$361,000$276/sq ft137 days
Townhouse$405,000$198/sq ft189 days

Source: Redfin · Updated monthly

The Perth Amboy housing market is currently classified as a balanced market with a median sale price of $420,000. Prices have fallen 10.6% compared to last year, with homes spending an average of 72 days on market, indicating 3.6 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 8.7x provides context for how home values compare to local earning capacity.

Homes for sale in Perth Amboy

There are currently 71 homes listed for sale in Perth Amboy, New Jersey. The median listing price is $450K.

Active listings

71

Homes on market

Median list price

$450K

Avg. days on market

72

Days until sale

New this week

23

Newly listed

Price drops:9.9%of listings
Sale-to-list:100.5%

Who lives in Perth Amboy?

Population

55,278

Median income

$58,490/yr

Median age

36.3 years

Owner-occupied

33.4%

College grads

15.2%

Avg commute

24.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Perth Amboy?

Zillow home value

$506,201

Zillow rent index

$2,394/mo

Price-to-rent ratio

17.6x

Price-to-income

8.7x

Source: Zillow Research

What is it like to live in Perth Amboy?

Perth Amboy is a community of approximately 55K residents with a median age of 36.3 years.The median household income is $58,490, which represents a working-class community with solid middle-income opportunities. 15.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 33.4%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Perth Amboy offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Perth Amboy?

14 schools tracked · 10,641 students

The largest public schools serving Perth Amboy, 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.

Perth Amboy High School

Grades 9-12 · 2,685 students

Public

William C. McGinnis Middle School

Grades 6-8 · 948 students

Public

Rose M. Lopez Elementary School

Grades K-3 · 868 students

Public

Samuel E. Shull Middle School

Grades 6-8 · 865 students

Public

Herbert N. Richardson 21st Century School

Grades K-5 · 684 students

Public

Ignacio Cruz Early Childhood Center

Grades PK · 647 students

Public

Edward J. Patten Elementary School

Grades K-5 · 642 students

Public

Robert N. Wilentz Elementary School

Grades K-5 · 633 students

Public

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 Perth Amboy, NJ?

Want a head-to-head view? Compare Perth Amboy side-by-side with any other U.S. city using our market-comparison tool.

Is Perth Amboy a good real estate investment market?

For investors evaluating Perth Amboy, the price-to-rent ratio of 17.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 10.6% 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 Perth Amboy's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Perth Amboy's median home price.

Frequently asked questions

What is the average home price in Perth Amboy?

The median home sale price in Perth Amboy is $420,000, down 10.6% from last year.

How long do homes stay on market in Perth Amboy?

Homes typically spend 72 days on market before going under contract.

What is the median income in Perth Amboy?

The median household income is $58,490 per year.

Is Perth Amboy a buyer's or seller's market?

With 3.6 months of supply, Perth Amboy is currently a balanced market.

What is the Zillow home value estimate for Perth Amboy?

The Zillow Home Value Index (ZHVI) for Perth Amboy is $506,201, representing the typical home value in the area.

What is the median condo price in Perth Amboy?

The median condo/co-op sale price in Perth Amboy, NJ is $361,000, compared to $420,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Perth Amboy?

The median single-family home price in Perth Amboy, NJ is $420,000 (about $292 per square foot).

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