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Sarah Mitchell

CNESRESABR

Compass Real Estate · Raritan, NJ

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

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

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Raritan, NJ Housing Market & Real Estate

Seller's market+37.9% YoY

Housing market overview · Updated monthly ·

$695,000median sale price

How is the Raritan, NJ housing market right now?

The median home sale price in Raritan, NJ is $695,000, up 37.9% year-over-year. Homes sell in an average of 50 days with 6 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 Raritan a buyer's or seller's market?

Seller's market3.0 months of supply50 avg. days on market

Raritan, NJ is currently a seller's market, based on 3.0 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

50

Average pace

Active listings

6

3.0 months supply

Sale-to-list

109.9%

Above asking

What does the Raritan housing market data show?

Current housing market statistics for Raritan, NJ
MetricValue
Median sale price$695,000
Median list price$549,999
Year-over-year price change+37.9%
Average days on market50 days
Active inventory6 listings
Months of supply3.0 months
Sale-to-list price ratio109.9%
Median price per sq ft$360/sq ft
Homes sold (latest month)2
New listings (latest month)5
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Raritan by property type?

How the Raritan, 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 Raritan, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$695,000$360/sq ft250 days

Source: Redfin · Updated monthly

The Raritan housing market is currently classified as a seller's market with a median sale price of $695,000. Prices have risen 37.9% compared to last year, with homes spending an average of 50 days on market, indicating 3.0 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 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Raritan

There are currently 6 homes listed for sale in Raritan, New Jersey. The median listing price is $550K.

Active listings

6

Homes on market

Median list price

$550K

Avg. days on market

50

Days until sale

New this week

5

Newly listed

Sale-to-list:109.9%

Who lives in Raritan?

Population

8,192

Median income

$103,699/yr

Median age

43.1 years

Owner-occupied

53.4%

College grads

39.8%

Avg commute

21.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Raritan?

Zillow home value

$562,271

Zillow rent index

$2,553/mo

Price-to-rent ratio

18.4x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Raritan?

Raritan is a community of approximately 8K residents with a median age of 43.1 years.The median household income is $103,699, which reflects a relatively affluent area with strong earning potential. 39.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 53.4%, showing a blend of owner and renter-occupied properties. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Raritan offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Raritan?

1 schools tracked · 458 students

The largest public schools serving Raritan, 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 F. Kennedy Primary School

Grades K-4 · 458 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 Raritan, NJ?

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

Is Raritan a good real estate investment market?

For investors evaluating Raritan, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 37.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Raritan's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Raritan's median home price.

Frequently asked questions

What is the average home price in Raritan?

The median home sale price in Raritan is $695,000, up 37.9% from last year.

How long do homes stay on market in Raritan?

Homes typically spend 50 days on market before going under contract.

What is the median income in Raritan?

The median household income is $103,699 per year.

Is Raritan a buyer's or seller's market?

With 3.0 months of supply, Raritan is currently a seller's market.

What is the Zillow home value estimate for Raritan?

The Zillow Home Value Index (ZHVI) for Raritan is $562,271, representing the typical home value in the area.

How much does a single-family home cost in Raritan?

The median single-family home price in Raritan, NJ is $695,000 (about $360 per square foot).

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