Edison, NJ—08837
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 $524,000, with a year-over-year change of 4.1%. This indicates that home prices in Edison, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $524,000 | 4.1% |
| Single Family | $572,000 | 2.3% |
| Condos | $323,000 | 9.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $217,000 | 5.3% |
2 Bed | $382,000 | 3.0% |
3 Bed | $563,000 | 3.5% |
4 Bed | $693,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Edison, NJ
As of July '25, Rentcast reports the average rent in Edison, NJ is $2,490, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Edison, NJ is studios: $2,610, 1-bedrooms: $2,060, 2-bedrooms: $2,380, 3-bedrooms: $3,220. The most common rental property sizes in Edison, NJ are 1-bedroom and 2-bedroom, accounting for 45.6% and 45.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,490 |
| Studio Rent | $2,610 | $2,610 |
| 1 Bed Rent | $1,920 | $2,060 |
| 2 Bed Rent | $2,400 | $2,380 |
| 3 Bed Rent | $3,100 | $3,220 |
| 4 Bed Rent | N/A | N/A |
% 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 -11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $420,000 | -19.0% |
Listing Count | 53 | 56.0% |
| Listings as % of Homes | 0.5% | 56.0% |
Days on Market | 27 | -11.0% |
Demographics — Edison, NJ
As of the latest ACS Survey released in 2023, Edison, NJ has a population of 20,000, which has increased by 16.0% over the past 5 years. Edison, NJ is a moderately popular place for families, as children make up 24.9% of the population. The area has a highly educated workforce, with 52.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | 16.0% |
% Under 18 | 24.9% | 18.0% |
% Seniors | 13.1% | -16.6% |
% WFH | 18.2% | 550.0% |
% w/ College Degree | 52.4% | 13.4% |
As of the latest ACS Survey released in 2023, Edison, NJ is a predominantly asian area, with 38.7% of the population identifying as asian. The asian population has grown by 18.3% in the last 5 years. The second most common race or ethnicity in Edison, NJ is white, making up 29.2% of the population. Foreign-born residents account for 38.6% of the population in Edison, NJ, and this percentage has decreased by 0.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.2% | -21.7% |
% Black | 12.2% | -0.8% |
% Hispanic | 18.6% | 23.2% |
% Asian | 38.7% | 18.3% |
% Foreign Born | 38.6% | -0.8% |
Mortgage and Risk — Edison, NJ
According to HUD data as of 2023, there were 169 mortgage originations in Edison, NJ, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Edison, NJ. Investor activity is low, as 4.0% 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 | 169 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Edison, NJ
Edison, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 185 |
Total Units Section 8 | 110 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,920 | $1,630 |
| 2 Bedroom | -$350 | $2,400 | $2,050 |
| 3 Bedroom | -$610 | $3,100 | $2,490 |
| 4 Bedroom | N/A | N/A | $2,730 |
Affordability — Edison, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $524,000 |
| Median Household Income | $108,000 |