Cedar Grove, NJ—07009
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$773,000
3.6% YoY Growth
Household Income
$154,000
28.1% YoY Growth
Days on Market
11
36.0% Shorter YoY
Home Price Forecast
1.3%
Median Rent
$2,200
19.3% YoY Growth
1-Bed Rent
$2,000
7.6% YoY Growth
2-Bed Rent
$2,880
13.4% YoY Growth
3-Bed Rent
$4,000
21.8% YoY Growth
Home Price Trends — Cedar Grove, NJ
As of May '26, the median home price in Cedar Grove, NJ is $773,000, with a year-over-year change of 3.6%. This indicates that home prices in Cedar Grove, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $773,000 | 3.6% |
| Single Family | $783,000 | 3.8% |
| Condos | $684,000 | -0.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |