Madison, NJ March 2026 Real Estate Market Update
📊 Madison, NJ Real Estate Market Update — Spring 2026
The Rose City real estate market remains one of the strongest in New Jersey. Here's what the latest data shows:
🏡 Median Sale Price: $1,250,000 (March 2026) — up significantly from $950K in 2025 (although this is likely because several higher-end homes closed in March of 2026 vs. March of 2025)
📅 Days on Market: ~31 days
🏠 Homes Sold: 36 in March 2026 (up from 21 last year)
📈 Average Home Value: $1,012,743 (Zillow, +4.2% YoY)
📦 Months of Inventory: Just 1.4 — well below the 4–6 months of a balanced market
For context, Morris County is up 8.89% in appreciation, and New Jersey ranked 3rd in the nation for home price gains in 2025 at +5.28%.
Madison remains a very strong seller's market. Well-priced, well-presented homes are still selling fast — and often above asking price.
Thinking about buying or selling in Madison or the surrounding Morris County area? We'd love to help. Reach out to us for a complimentary, no-obligation market analysis.
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