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Advertise here →Fanwood, NJ · Market Data
Fanwood, New Jersey real estate market data.
Real estate market data for Fanwood, NJ (Union County) — Census median home value $610,600, county listing prices roughly flat over the past year.
Fanwood, NJ is in Union 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 7,714, with a median household income of $176,667. Census data puts Fanwood's median home value at $610,600 (all owner-occupied homes); Union County's current median listing price runs $627,000, roughly flat over the past year.
At a glance
Fanwood market snapshot
Population
7,714
Median Household Income
$176,667
Median Home Value (city)
$610,600
Median Listing Price (Union County)
$627,000
Median Gross Rent
$2,368/mo
Price Trend (YoY)
-0.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Fanwood different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Fanwood's median home value — across all owner-occupied homes, not just recent sales — at $610,600. Separately, Union County's current median listing price (via Realtor.com data, 2026-06-01) runs $627,000. 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
Union County's FHFA house price index shows a 5.47% annual change in 2025.
Population & Income
Fanwood has an estimated population of 7,714 and a median household income of $176,667, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Fanwood's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 16% 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
Fanwood FAQ
What are home values like in Fanwood, NJ?
The Census Bureau's American Community Survey puts Fanwood's median home value at $610,600. Union County's current median listing price runs $627,000, roughly flat over the past year.
What is the population of Fanwood, NJ?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Fanwood's population at approximately 7,714.
What's the median rent in Fanwood, NJ?
The Census ACS estimates median gross rent in Fanwood at approximately $2,368 per month.
What is the median household income in Fanwood, NJ?
Census ACS data puts the median household income in Fanwood at approximately $176,667.
Is the Fanwood housing market growing?
Union County's FHFA house price index shows a 5.47% annual change in 2025.
Is Fanwood, NJ affordable relative to income?
Census ACS data puts Fanwood's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 16% 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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