Madison NJ Spring Real Estate Market Update | Meg Mullin, Coldwell Banker Realty
The Madison NJ real estate market is already showing early spring momentum. With roughly 0.66 months of inventory and homes going pending in about 12 days, buyer activity has shifted from browsing to serious decision-making â especially in the $750Kâ$1.5M range across Madison, Chatham, Summit, and surrounding North Jersey suburbs.
While recent data shows a slight dip in median sale price, local demand remains strong. Well-prepared homes near downtown Madison and Drew University continue to attract multiple offers, often driven by NYC buyers seeking walkable communities, strong schools, and long-term lifestyle value.
