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Featured local agent — Rockaway, NJ
Sarah Mitchell
Compass Real Estate · Rockaway, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rockaway, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$525,000median sale price
How is the Rockaway, NJ housing market right now?
The median home sale price in Rockaway, NJ is $525,000, up 8.8% year-over-year. Homes sell in an average of 24 days with 8 active listings. The market is currently a strong 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 Rockaway a buyer's or seller's market?
Rockaway, NJ is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
24
Average pace
Active listings
8
1.6 months supply
Sale-to-list
100.4%
Above asking
What does the Rockaway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $525,000 |
| Median list price | $529,000 |
| Year-over-year price change | +8.8% |
| Average days on market | 24 days |
| Active inventory | 8 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $312/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 5 |
| Listings with a price cut | 37.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rockaway by property type?
How the Rockaway, 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 | $525,000 | $312/sq ft | 5 | 24 days |
Source: Redfin · Updated monthly
The Rockaway housing market is currently classified as a strong seller's market with a median sale price of $525,000. Prices have risen 8.8% compared to last year, with homes spending an average of 24 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Rockaway
There are currently 8 homes listed for sale in Rockaway, New Jersey. The median listing price is $529K.
Active listings
8
Homes on market
Median list price
$529K
Avg. days on market
24
Days until sale
New this week
5
Newly listed
Who lives in Rockaway?
Population
6,589
Median income
$100,028/yr
Median age
45.2 years
Owner-occupied
57.8%
College grads
40.4%
Avg commute
26 min
Source: U.S. Census Bureau ACS
What are homes worth in Rockaway?
Zillow rent index
$2,660/mo
Source: Zillow Research
What is it like to live in Rockaway?
Rockaway is a community of approximately 7K residents with a median age of 45.2 years.The median household income is $100,028, which reflects a relatively affluent area with strong earning potential. 40.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 57.8%, showing a blend of owner and renter-occupied properties. The average commute time is 26 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rockaway offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rockaway?
8 schools tracked · 3,538 students
The largest public schools serving Rockaway, 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.
Morris Hills High School
Grades 9-12 · 1,141 students
Copeland Middle School
Grades 6-8 · 856 students
Stony Brook Elementary School
Grades K-5 · 382 students
Katharine D Malone Elementary School
Grades K-5 · 282 students
Thomas Jefferson Middle School
Grades 4-8 · 278 students
Lincoln Elementary School
Grades PK-3 · 275 students
Academy for Mathematics Science and Engineering
Grades 9-12 · 180 students
Academy for Performing Arts
Grades 9-12 · 144 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 Rockaway, NJ?
Want a head-to-head view? Compare Rockaway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rockaway?
The median home sale price in Rockaway is $525,000, up 8.8% from last year.
How long do homes stay on market in Rockaway?
Homes typically spend 24 days on market before going under contract.
What is the median income in Rockaway?
The median household income is $100,028 per year.
Is Rockaway a buyer's or seller's market?
With 1.6 months of supply, Rockaway is currently a strong seller's market.
How much does a single-family home cost in Rockaway?
The median single-family home price in Rockaway, NJ is $525,000 (about $312 per square foot).
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