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Market Snapshot

Median listing price
$912K

The median listing price in Edison, NJ ZIP 08820 is $912,499.5 as of June 2026.

Median rent
$3,150/mo

The median market rent in Edison, NJ ZIP 08820 is $3,150/month as of June 2026.

Days on market
326 days

The median days on market in Edison, NJ ZIP 08820 is 326 days as of June 2026. The market is currently neutral.

Gross rental yield
4.14%

At a median list price of $912,499.5 and a median rent of $3,150/month, the gross rental yield in Edison, NJ ZIP 08820 is 4.14% as of June 2026.

STR vs LTR
$616/mo STR · $3,150/mo LTR

In Edison, NJ ZIP 08820, median Airbnb revenue is $616/month compared to median long-term rent of $3,150/month as of June 2026.

Edison, NJ 08820 Real Estate Market Report

ZIP Code: 08820

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
183
Active Listings
42
Sold Properties
141

Market Metrics

Median Listing Price
$912,500
Median Sold Price
$868,000
Median Price per Sqft
$411/sqft

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.


Rental Market

Median Market Rent
$3,150

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.


Property Taxes

Property Tax Rate
1.51%

Liquidity & Velocity

Median Days on Market
326
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Edison, NJ are 6.53%, which is 0.55% higher than the 5.98% average rate observed earlier in 2026.

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


Key Findings

  1. The neighborhood's primary market indicator, the median sold price, is 868,000, representing the most reliable snapshot of recent transaction activity and suggesting current market value is tracking below seller expectations reflected by the median listing price of 912,500.
  2. Liquidity appears slowed: the median days on market is 326, which points to down market velocity and suggests slower sales velocity and pricing friction despite a neutral market temperature.
  3. Pricing trajectory is soft: price year-over-year trend shows down, while the gap between the median listing price and the median sold price implies sellers may need to adjust expectations to match realized transaction prices.
  4. Rents are strengthening and financing is constrained—median market rent is 3,150 with rent year-over-year trend up, while interest rate pressure is elevated (current 30‑year fixed mortgage rates are 6.53%, which is 0.55% higher than the earlier 2026 average), suggesting buy-versus-rent dynamics may favor investors or renters in the near term.

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.

Recent Transactions

5 Hackett Dr, Edison, NJ 08820
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds5 baths3,482 sqft
$1,870,000
May 1, 2026
$537/sqft/sqft
149 days on market
26 Mary Ellen Dr, Edison, NJ 08820
Premium

Sold above market average

5 beds6 baths3,718 sqft
$1,800,000
May 1, 2026
$484/sqft/sqft
1833 days on market
3851 Park Ave, Edison, NJ 08820
Value

Sold below market average

6 beds6 baths4,851 sqft
$1,750,000
May 1, 2026
$361/sqft/sqft
62 days on market
20 Oak Hills Rd, Edison, NJ 08820
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths1,904 sqft
$861,000
May 1, 2026
$452/sqft/sqft
298 days on market
8 Harold Ave, Edison, NJ 08820
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds3 baths2,654 sqft
$858,000
May 1, 2026
$323/sqft/sqft
373 days on market
47 Lynnwood Rd, Edison, NJ 08820
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,079 sqft
$855,000
May 1, 2026
$411/sqft/sqft
446 days on market
140 Temple St, Edison, NJ 08820
Premium

Sold above market average

2 beds1 baths798 sqft
$453,000
May 1, 2026
$568/sqft/sqft
385 days on market
53 Marlin Ave W, Edison, NJ 08820
Value

Sold below market average

- beds- baths2,032 sqft
$380,000
Apr 1, 2026
$187/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,600/mo
08820 Avg Rent
08820 Cost to Own
Rent$3,150
Own$5,750

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

08820 Avg nightly rate
08820 Avg occupancy (days/year)
Nightly rate$85/night
Occupancy90 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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