Edison, NJ 08820 Real Estate Market Report

ZIP Code: 08820
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Edison, NJ is $849,995, reflecting the actual transaction values in the market. This figure indicates a significant gap compared to the median listing price of $1,249,000, suggesting potential pricing friction as sellers may be adjusting expectations in light of current market conditions. The market appears to be experiencing slower sales velocity, with properties spending a median of 263 days on the market, which may indicate a cooling trend in buyer activity despite the overall seller advantage still present.

Additionally, rental demand remains robust, with the median market rent standing at $2,820, supported by low interest rate pressure at 5.98%, which is favorable for potential buyers. However, the market temperature is currently classified as neutral, indicating a balance between supply and demand, albeit with elevated inventory levels relative to sales activity. This dynamic suggests that while the market retains some strength, it is also facing challenges that may affect future price appreciation.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Edison NJ market at 5.98% are 0.27% lower than the 6.25% average rate seen just one week prior, presenting a favorable window for rate-sensitive transactions.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $849,995 indicates a significant gap from the median listing price of $1,249,000, suggesting potential pricing friction in the market.

2. Properties are taking a median of 263 days on market, reflecting slower sales velocity and a cooling trend in buyer activity.

3. The median market rent of $2,820 shows positive rental demand, which may support overall market stability.

4. Current mortgage rates at 5.98% are 0.27% lower than the previous week, presenting a favorable opportunity for rate-sensitive buyers.

5. The market temperature is neutral, indicating a balance between supply and demand, though elevated inventory levels suggest a need for cautious pricing strategies.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.