Roselle, NJ 07203 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Roselle, NJ—07203

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$507,000

3.7% YoY Growth

Household Income

$83,000

34.2% YoY Growth

Days on Market

4.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$2,400

8.1% YoY Growth

1-Bed Rent

$1,800

9.0% YoY Growth

2-Bed Rent

$2,300

1.3% YoY Growth

3-Bed Rent

$2,500

5.4% YoY Growth

Home Price Trends — Roselle, NJ

As of Dec '25, the median home price in Roselle, NJ is $507,000, with a year-over-year change of 3.7%. This indicates that home prices in Roselle, NJ are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$507,000	3.7%
Single Family	$512,000	2.8%
Condos	$243,000	-2.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Roselle, NJ

As of July '25, Rentcast reports the average rent in Roselle, NJ is $2,370, with a year-over-year rent change of -8.1%. Per bedroom, the median rent as of July '25 in Roselle, NJ is studios: $1,230, 1-bedrooms: $1,820, 2-bedrooms: $2,310, 3-bedrooms: $2,620, 4-bedrooms: $3,320. The most common rental property sizes in Roselle, NJ are 1-bedroom and 2-bedroom, accounting for 45.0% and 35.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,400	$2,370
Studio Rent	$1,200	$1,230
1 Bed Rent	$1,800	$1,820
2 Bed Rent	$2,300	$2,310
3 Bed Rent	$2,500	$2,620
4 Bed Rent	$3,300	$3,320

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% of Rental Stock

Studio

3.4%

1 Bedroom

45.0%

2 Bedrooms

35.5%

3 Bedrooms

10.6%

4 Bedrooms

3.9%

5+ Bedrooms

1.6%

Property Listings — Roselle, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Roselle, NJ is 53. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$532,000	7.0%
Listing Count	49	3.0%
Listings as % of Homes	0.5%	3.0%
Days on Market	40	4.0%

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Demographics — Roselle, NJ

As of the latest ACS Survey released in 2023, Roselle, NJ has a population of 22,500, which has increased by 4.0% over the past 5 years. Roselle, NJ is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,500	4.0%
% Under 18	19.2%	-11.1%
% Seniors	16.3%	7.2%
% WFH	8.3%	159.4%
% w/ College Degree	26.1%	27.9%

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As of the latest ACS Survey released in 2023, Roselle, NJ is a predominantly black area, with 45.6% of the population identifying as black. The black population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Roselle, NJ is hispanic, making up 36.1% of the population. Foreign-born residents account for 31.9% of the population in Roselle, NJ, and this percentage has increased by 7.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	14.0%	10.2%
% Black	45.6%	-14.1%
% Hispanic	36.1%	23.6%
% Asian	1.2%	-29.4%
% Foreign Born	31.9%	7.0%

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Mortgage and Risk — Roselle, NJ

According to HUD data as of 2023, there were 277 mortgage originations in Roselle, NJ, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Roselle, NJ. Investor activity is low, as 5.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	277
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Roselle, NJ

As of 2024, the percent of homes in Roselle, NJ under the Section 8 program is 15.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Roselle, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	624
Total Units Section 8	615
% Rentals under Section 8	15.0%
% Occupied Section 8	95.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,800	$1,610
2 Bedroom	-$350	$2,300	$1,950
3 Bedroom	-$40	$2,500	$2,460
4 Bedroom	-$510	$3,300	$2,790

Roselle, NJ—07203

Key Metrics at a Glance

Home Price Trends — Roselle, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roselle, NJ

% of Rental Stock

Property Listings — Roselle, NJ

Demographics — Roselle, NJ

Race and Ethnicity

Mortgage and Risk — Roselle, NJ

Mortgages

Rentals and Section 8 — Roselle, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Roselle, NJ

Home Price to Income Ratio

Roselle, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Roselle Park, NJ

Linden, NJ

Kenilworth, NJ

Elizabeth, NJ

Union, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$507,000
Median Household Income	$83,000

Roselle, NJ—07203

Key Metrics at a Glance

Home Price Trends — Roselle, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roselle, NJ

% of Rental Stock

Property Listings — Roselle, NJ

Demographics — Roselle, NJ

Race and Ethnicity

Mortgage and Risk — Roselle, NJ

Mortgages

Rentals and Section 8 — Roselle, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Roselle, NJ

Home Price to Income Ratio

Roselle, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Roselle Park, NJ

Linden, NJ

Kenilworth, NJ

Elizabeth, NJ

Union, NJ

Frequently Asked Questions

What is the average home price in Roselle, NJ 07203?

How have home prices in Roselle, NJ 07203 changed over the past year?

What is the home price projection for Roselle, NJ 07203?

What are the demographics of Roselle, NJ 07203?

How long does it take homes to sell in Roselle, NJ 07203?

What is the average rent price in Roselle, NJ 07203?