Edison, NJ—08817
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edison, NJ
As of Oct '25, the median home price in Edison, NJ is $552,000, with a year-over-year change of 5.5%. This indicates that home prices in Edison, NJ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $552,000 | 5.5% |
| Single Family | $575,000 | 4.4% |
| Condos | $330,000 | 8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | 10.6% |
2 Bed | $394,000 | 4.8% |
3 Bed | $558,000 | 4.3% |
4 Bed | $652,000 | 3.8% |
| 5 Bed | $805,000 | 2.9% |
% of Housing Stock
Rental Trends — Edison, NJ
As of July '25, Rentcast reports the average rent in Edison, NJ is $2,610, with a year-over-year rent change of 4.4%. Per bedroom, the median rent as of July '25 in Edison, NJ is studios: $1,870, 1-bedrooms: $1,900, 2-bedrooms: $2,390, 3-bedrooms: $3,260, 4-bedrooms: $4,130. The most common rental property sizes in Edison, NJ are 2-bedroom and 1-bedroom, accounting for 44.6% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,420 | $2,610 |
| Studio Rent | $1,870 | $1,870 |
| 1 Bed Rent | $1,920 | $1,900 |
| 2 Bed Rent | $2,420 | $2,390 |
| 3 Bed Rent | $3,300 | $3,260 |
| 4 Bed Rent | $4,100 | $4,130 |
% of Rental Stock
Property Listings — Edison, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Edison, NJ is 27. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -9.0% |
Listing Count | 115 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 27 | -18.0% |
Demographics — Edison, NJ
As of the latest ACS Survey released in 2023, Edison, NJ has a population of 47,900, which has increased by 6.9% over the past 5 years. Edison, NJ is a moderately popular place for families, as children make up 23.6% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,900 | 6.9% |
% Under 18 | 23.6% | 4.9% |
% Seniors | 13.9% | 21.9% |
% WFH | 16.1% | 323.7% |
% w/ College Degree | 48.5% | 1.5% |
As of the latest ACS Survey released in 2023, Edison, NJ is a predominantly asian area, with 38.8% of the population identifying as asian. The asian population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Edison, NJ is white, making up 30.7% of the population. Foreign-born residents account for 43.1% of the population in Edison, NJ, and this percentage has increased by 5.6% 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 | 30.7% | -19.0% |
% Black | 10.7% | 15.1% |
% Hispanic | 14.6% | 12.3% |
% Asian | 38.8% | 2.6% |
% Foreign Born | 43.1% | 5.6% |
Mortgage and Risk — Edison, NJ
According to HUD data as of 2023, there were 424 mortgage originations in Edison, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Edison, NJ. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 424 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Edison, NJ
As of 2024, the percent of homes in Edison, NJ under the Section 8 program is 5.0%. 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 Edison, 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 | 416 |
Total Units Section 8 | 416 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,920 | $1,710 |
| 2 Bedroom | -$270 | $2,420 | $2,150 |
| 3 Bedroom | -$710 | $3,300 | $2,590 |
| 4 Bedroom | -$1,250 | $4,100 | $2,850 |
Affordability — Edison, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $552,000 |
| Median Household Income | $110,000 |