Cranford, NJ—07016
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$786,000
5.8% YoY Growth
Household Income
$149,000
17.3% YoY Growth
Days on Market
24
17.0% Shorter YoY
Home Price Forecast
2.6%
Median Rent
$2,800
0.7% YoY Growth
1-Bed Rent
$2,200
9.0% YoY Growth
2-Bed Rent
$2,900
1.4% YoY Growth
3-Bed Rent
$2,960
3.0% YoY Growth
Home Price Trends — Cranford, NJ
As of May '26, the median home price in Cranford, NJ is $786,000, with a year-over-year change of 5.8%. This indicates that home prices in Cranford, NJ are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $786,000 | 5.8% |
| Single Family | $799,000 | 6.4% |
| Condos | $445,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |