Rumson, NJ Housing Market & Real Estate

Seller's market-4.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Rumson, NJ is $2.52M, down 4.7% year-over-year. Homes sell in an average of 19 days with 13 active listings. The market is currently a seller's market.

$2.52Mmedian sale price

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

Seller's market3.3 months of supply19 avg. days on market

Rumson, NJ is currently a seller's market, based on 3.3 months of supply and homes selling in about 19 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

19

Fast-moving

Active listings

13

3.3 months supply

Sale-to-list

100.5%

Above asking

Rumson, NJ market data

Current housing market statistics for Rumson, NJ
MetricValue
Median sale price$2.52M
Median list price$2.29M
Year-over-year price change-4.7%
Average days on market19 days
Active inventory13 listings
Months of supply3.3 months
Sale-to-list price ratio100.5%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Rumson housing market is currently classified as a seller's market with a median sale price of $2.52M. Prices have fallen 4.7% compared to last year, with homes spending an average of 19 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Rumson

There are currently 13 homes listed for sale in Rumson, New Jersey. The median listing price is $2.3M.

Active listings

13

Homes on market

Median list price

$2.3M

Avg. days on market

19

Days until sale

New this week

12

Newly listed

Sale-to-list:100.5%

Top public schools in Rumson

3 schools tracked · 1,768 students

The largest public schools serving Rumson, 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.

Rumson-Fair Haven Regional High School

Grades 9-12 · 849 students

Public

Forrestdale School

Grades 4-8 · 525 students

Public

Deane-Porter Elementary School

Grades PK-3 · 394 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Rumson?

The median home sale price in Rumson is $2.52M, down 4.7% from last year.

How long do homes stay on market in Rumson?

Homes typically spend 19 days on market before going under contract.

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

With 3.3 months of supply, Rumson is currently a seller's market.

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