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Featured local agent — Rio Grande, NJ
Sarah Mitchell
Compass Real Estate · Rio Grande, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rio Grande, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$476,990median sale price
How is the Rio Grande, NJ housing market right now?
The median home sale price in Rio Grande, NJ is $476,990, up 36.3% year-over-year. Homes sell in an average of 237 days with 15 active listings. The market is currently a leaning buyer's. (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 Rio Grande a buyer's or seller's market?
Rio Grande, NJ is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 237 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
237
Average pace
Active listings
15
5.0 months supply
Sale-to-list
100.0%
Above asking
What does the Rio Grande housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $476,990 |
| Median list price | $451,990 |
| Year-over-year price change | +36.3% |
| Average days on market | 237 days |
| Active inventory | 15 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 66.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Rio Grande by property type?
How the Rio Grande, 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 | $410,000 | $183/sq ft | 1 | 21 days |
| Condo / Co-op | $549,500 | — | 1 | 31 days |
| Townhouse | $476,990 | $206/sq ft | 3 | 237 days |
Source: Redfin · Updated monthly
The Rio Grande housing market is currently classified as a leaning buyer's with a median sale price of $476,990. Prices have risen 36.3% compared to last year, with homes spending an average of 237 days on market, indicating 5.0 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 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Rio Grande
There are currently 15 homes listed for sale in Rio Grande, New Jersey. The median listing price is $452K.
Active listings
15
Homes on market
Median list price
$452K
Avg. days on market
237
Days until sale
New this week
7
Newly listed
Who lives in Rio Grande?
Population
3,285
Median income
$97,590/yr
Median age
51.6 years
Owner-occupied
75.9%
College grads
28.0%
Avg commute
16.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Rio Grande?
Zillow home value
$436,122
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Rio Grande?
Rio Grande is a community of approximately 3K residents with a median age of 51.6 years.The median household income is $97,590, which reflects a relatively affluent area with strong earning potential. 28.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rio Grande offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rio Grande, NJ?
Want a head-to-head view? Compare Rio Grande side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rio Grande?
The median home sale price in Rio Grande is $476,990, up 36.3% from last year.
How long do homes stay on market in Rio Grande?
Homes typically spend 237 days on market before going under contract.
What is the median income in Rio Grande?
The median household income is $97,590 per year.
Is Rio Grande a buyer's or seller's market?
With 5.0 months of supply, Rio Grande is currently a leaning buyer's.
What is the Zillow home value estimate for Rio Grande?
The Zillow Home Value Index (ZHVI) for Rio Grande is $436,122, representing the typical home value in the area.
What is the median condo price in Rio Grande?
The median condo/co-op sale price in Rio Grande, NJ is $549,500, compared to $410,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rio Grande?
The median single-family home price in Rio Grande, NJ is $410,000 (about $183 per square foot).
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