Basking Ridge, NJ—07920
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$887,000
3.1% YoY Growth
Household Income
$185,000
26.5% YoY Growth
Days on Market
43
14.0% Shorter YoY
Home Price Forecast
2.0%
Median Rent
$3,600
4.9% YoY Growth
1-Bed Rent
$2,350
8.6% YoY Growth
2-Bed Rent
$2,850
4.5% YoY Growth
3-Bed Rent
$4,600
4.0% YoY Growth
Home Price Trends — Basking Ridge, NJ
As of Dec '25, the median home price in Basking Ridge, NJ is $887,000, with a year-over-year change of 3.1%. This indicates that home prices in Basking Ridge, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $887,000 | 3.1% |
| Single Family | $1,045,000 | 3.6% |
| Condos | $435,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |