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Sarah Mitchell

CNESRESABR

Compass Real Estate · Rumson, NJ

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

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

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Rumson, NJ Housing Market & Real Estate

Seller's market+2.8% YoY

Housing market overview · Updated monthly ·

$2.70Mmedian sale price

How is the Rumson, NJ housing market right now?

The median home sale price in Rumson, NJ is $2.70M, up 2.8% year-over-year. Homes sell in an average of 12 days with 18 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 Rumson a buyer's or seller's market?

Seller's market3.0 months of supply12 avg. days on market

Rumson, NJ is currently a seller's market, based on 3.0 months of supply and homes selling in about 12 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

12

Fast-moving

Active listings

18

3.0 months supply

Sale-to-list

98.8%

Below asking

What does the Rumson housing market data show?

Current housing market statistics for Rumson, NJ
MetricValue
Median sale price$2.70M
Median list price$2.10M
Year-over-year price change+2.8%
Average days on market12 days
Active inventory18 listings
Months of supply3.0 months
Sale-to-list price ratio98.8%
Median price per sq ft$846/sq ft
Homes sold (latest month)6
New listings (latest month)17
Listings with a price cut11.1%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Rumson by property type?

How the Rumson, 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 Rumson, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.70M$846/sq ft612 days
Condo / Co-op$927,500$595/sq ft113 days

Source: Redfin · Updated monthly

The Rumson housing market is currently classified as a seller's market with a median sale price of $2.70M. Prices have risen 2.8% compared to last year, with homes spending an average of 12 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 9.3x provides context for how home values compare to local earning capacity.

Homes for sale in Rumson

There are currently 18 homes listed for sale in Rumson, New Jersey. The median listing price is $2.1M.

Active listings

18

Homes on market

Median list price

$2.1M

Avg. days on market

12

Days until sale

New this week

17

Newly listed

Price drops:11.1%of listings
Sale-to-list:98.8%

Who lives in Rumson?

Population

7,265

Median income

$250,001/yr

Median age

43.1 years

Owner-occupied

93.2%

College grads

77.7%

Avg commute

43.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Rumson?

Zillow home value

$2.33M

Price-to-income

9.3x

Source: Zillow Research

What is it like to live in Rumson?

Rumson is a community of approximately 7K residents with a median age of 43.1 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 77.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 93.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Rumson offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve 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.

Which cities are near Rumson, NJ?

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

Frequently asked questions

What is the average home price in Rumson?

The median home sale price in Rumson is $2.70M, up 2.8% from last year.

How long do homes stay on market in Rumson?

Homes typically spend 12 days on market before going under contract.

What is the median income in Rumson?

The median household income is $250,001 per year.

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

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

What is the Zillow home value estimate for Rumson?

The Zillow Home Value Index (ZHVI) for Rumson is $2.33M, representing the typical home value in the area.

What is the median condo price in Rumson?

The median condo/co-op sale price in Rumson, NJ is $927,500, compared to $2.70M for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Rumson, NJ is $2.70M (about $846 per square foot).

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