Middlesex County, New Jersey Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$299,160
$1,809

Housing Market Overview

Metric Middlesex County New Jersey Avg US Average
Median Home Price $299,160 $359,215 $242,182
Price Trend (Annual %) 3.0% 5.3% 8.2%
Median Gross Rent $1,809 $1,653 $1,342
Rent Trend (Annual %) 4.5% 4.6% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Middlesex County
New Jersey
United States
Year Middlesex County New Jersey United States
Median Rent Over Time
Middlesex County
New Jersey
United States
Year Middlesex County New Jersey United States

Affordability

On average, housing unit costs 2.7 yearly household incomes in Middlesex County.

Metric Middlesex County New Jersey Avg US Average
Median Home Price $299,160 $359,215 $242,182
Median Household Income $109,590 $101,200 $78,145
Price-to-Income Ratio 2.7 3.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Middlesex County New Jersey Avg US Average
Homeownership Rate 61.3% 58.7% 58.2%
Rental Rate 35.3% 33.4% 31.3%
Vacancy Rate 3.5% 7.9% 10.6%
Median Tenure (years) 15.0 15.0 14.0
Median Year Moved In 2010 2010 2011

Housing Stock

Metric Middlesex County New Jersey Avg US Average
Average Household Size 2.73 people 2.61 people 2.54 people
Median Structure Built Year 1972 1968 1978
Median Number of Rooms 5.1 5.2 5.0