Basking Ridge, NJ—07920
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$946,000
4.1% YoY Growth
Household Income
$185,000
26.5% YoY Growth
Days on Market
21
31.0% Longer YoY
Home Price Forecast
2.7%
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 May '26, the median home price in Basking Ridge, NJ is $946,000, with a year-over-year change of 4.1%. This indicates that home prices in Basking Ridge, NJ are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $946,000 | 4.1% |
| Single Family | $1,125,000 | 5.8% |
| Condos | $455,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |