Cranbury, NJ · Market Data

Cranbury, New Jersey real estate market data.

Real estate market data for Cranbury, NJ (Middlesex County) — Census median home value $794,500, county listing prices up about 2.5% over the past year.

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Cranbury, NJ is in Middlesex County, New Jersey — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 2,304, with a median household income of $230,703. Census data puts Cranbury's median home value at $794,500 (all owner-occupied homes); Middlesex County's current median listing price runs $579,000, up about 2.5% over the past year.

At a glance

Cranbury market snapshot

Population

2,304

Median Household Income

$230,703

Median Home Value (city)

$794,500

Median Listing Price (Middlesex County)

$579,000

Median Gross Rent

$1,594/mo

Price Trend (YoY)

+2.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Cranbury

What makes Cranbury different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Cranbury's median home value — across all owner-occupied homes, not just recent sales — at $794,500. Separately, Middlesex County's current median listing price (via Realtor.com data, 2026-06-01) runs $579,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Middlesex County's FHFA house price index shows a 6.1% annual change in 2025.

Population & Income

Cranbury has an estimated population of 2,304 and a median household income of $230,703, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Cranbury's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 8% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Cranbury FAQ

What are home values like in Cranbury, NJ?

The Census Bureau's American Community Survey puts Cranbury's median home value at $794,500. Middlesex County's current median listing price runs $579,000, up about 2.5% over the past year.

What is the population of Cranbury, NJ?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cranbury's population at approximately 2,304.

What's the median rent in Cranbury, NJ?

The Census ACS estimates median gross rent in Cranbury at approximately $1,594 per month.

What is the median household income in Cranbury, NJ?

Census ACS data puts the median household income in Cranbury at approximately $230,703.

Is the Cranbury housing market growing?

Middlesex County's FHFA house price index shows a 6.1% annual change in 2025.

Is Cranbury, NJ affordable relative to income?

Census ACS data puts Cranbury's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 8% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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