Fanwood, NJ housing market
The typical Fanwood home is worth about $809,000, up 5.2% in a year, 39% above the New Jersey typical home. Homes typically sell in 29 days, a little above asking.
Home values, sales, trends and how Fanwood compares with the towns next door — updated as new data is published.
Fanwood at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Fanwood | New Jersey |
|---|---|---|
| 2017 | $484,000 | $317,000 |
| 2018 | $519,000 | $330,000 |
| 2019 | $517,000 | $343,000 |
| 2020 | $525,000 | $358,000 |
| 2021 | $565,000 | $394,000 |
| 2022 | $606,000 | $441,000 |
| 2023 | $639,000 | $471,000 |
| 2024 | $691,000 | $511,000 |
| 2025 | $749,000 | $551,000 |
| 2026 | $794,000 | $568,000 |
| August 2026 | $809,000 | $580,000 |
Fanwood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Fanwood | $809K | +5.2% | 29 | $195,529 |
| Scotch Plains | $846K | +5.7% | — | $183,655 |
4.1 years of income
The typical Fanwood home costs about 4.1 years of the town's median household income, less than across New Jersey (5.6 years).
How Fanwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.