What is the median home value in Cranbury Township, NJ?

The median value of owner-occupied homes in Cranbury Township, NJ is $889,400 (±$40,030), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cranbury Township, the median home value went from $738,200 in 2015–2019 to $889,400 in 2020–2024 (+20.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$889,400 (±$40,030)
Owner-occupied homes
1,123 (±108)
Most common range
$500,000 to $999,999

Home values in Cranbury Township

Owner-occupied homes by value, 2020–2024
ValueCranbury TownshipMiddlesex CountyNew JerseyUnited States
Less than $50,0000.9% (±1.3 points)2.2%2.5%5.3%
$50,000 to $99,9990.0% (±3.9 points)1.2%1.8%6.1%
$100,000 to $149,9990.5% (±0.9 points)1.3%2.2%6.8%
$150,000 to $199,9991.3% (±2.2 points)1.9%4.3%9.0%
$200,000 to $299,9995.4% (±4.6 points)8.5%12.9%17.8%
$300,000 to $499,9996.1% (±2.8 points)43.9%34.2%26.9%
$500,000 to $999,99952.7% (±8.9 points)37.8%34.5%20.9%
$1,000,000 or more32.9% (±7.3 points)3.3%7.6%7.1%

The most common range is $500,000 to $999,999, 52.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cranbury Township against Middlesex County, its state and the nation

Estimate (90% margin of error)
Cranbury TownshipMiddlesex CountyNew JerseyUnited States
Median home value$889,400 (±$40,030)$462,900 (±$2,710)$454,400 (±$1,150)$332,700
Owner-occupied homes1,123 (±108)195,888 (±2,110)2,239,128 (±10,678)84,210,142

In Cranbury Township, the median home value is higher than in Middlesex County ($462,900).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Middlesex County, Cranbury Township ranks 1 of 25 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 57 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cranbury Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$738,200 (±$60,955)$889,400 (±$40,030)+20.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cranbury Township

Nearest places with a published estimate, compared with Cranbury Township
PlaceDistanceMedian home valueCompared with this place
Cranbury Township—$889,400 (±$40,030)—
Princeton Meadows2.8 mi$665,700 (±$85,189)Lower
Clearbrook2.9 mi$282,000 (±$36,228)Lower
Stonebridge3.0 mi$646,800 (±$34,321)Lower
Rossmoor3.0 mi$194,300 (±$36,630)Lower
Hightstown Borough3.1 mi$342,600 (±$31,312)Lower
The Ponds3.6 mi$373,800 (±$29,401)Lower
Plainsboro Township3.6 mi$683,100 (±$42,640)Lower
Forsgate3.7 mi$692,800 (±$35,853)Lower

Nearby places with a measurably lower figure: Princeton Meadows, NJ ($665,700), Clearbrook, NJ ($282,000), Stonebridge, NJ ($646,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Middlesex County, place by place

RankPlaceMedian home value
1Cranbury Township$889,400 (±$40,030)
2Plainsboro Township$683,100 (±$42,640)
3Metuchen Borough$604,300 (±$23,745)
4South Brunswick Township$582,700 (±$25,552)
5Monroe Township (Middlesex County)$540,900 (±$22,783)
6East Brunswick Township$521,900 (±$19,447)
7Edison Township$496,900 (±$9,051)

Showing 7 of 25 places in Middlesex County, ranked from highest to lowest.

The figures for Cranbury Township include the places inside it that have pages of their own: Cranbury.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Cranbury Township

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Questions about Cranbury Township

What is the average home value in Cranbury Township, NJ?

The Census Bureau publishes the median: $889,400 (±$40,030) for owner-occupied homes in Cranbury Township (2020–2024 American Community Survey).

Have home values in Cranbury Township gone up?

In Cranbury Township, the median home value went from $738,200 in 2015–2019 to $889,400 in 2020–2024 (+20.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Cranbury Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cranbury township, Middlesex County, New Jersey (county subdivision:15550, in state:34 county:023).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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