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Housing in Flagtown

A typical Flagtown home is worth roughly $689,000

The median sale price was $816,000 in March 2026.

Typical home value
$689K
▲ 4.7% in a year · NJ $454K
Estimate
Median sale price
$816K
March 2026 · Redfin
Homes sold
1
in March
2-bedroom rent
$2,880
a month, utilities in · HUD
Median tax bill
$10,001
NJ $9,590

Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Flagtown?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3 years of income

Less than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$832,000
Typical Flagtown home $689K

That covers a typical Flagtown home, with $143K to spare.

The typical home, each month
$4,450
Loan $3,410Tax $830Insurance $200

A two-bedroom rents for about $2,880 a month here, $1,570 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Flagtown’s typical property tax (1.45% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

96% of Flagtown households own their home

Half of Flagtown’s homes were built before 1987.

Owners and renters
Own 96%Rent 5%

New Jersey: 64% own.

1987
typical home built · NJ 1970
$10,001
median property tax bill · NJ $9,590
1.45%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 58% in 5 years

The federal house price index for the ZIP codes around Flagtown rose 58% over the past 5 years, slower than across New Jersey (63%). Last year prices rose 4.7%.

Flagtown areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+4.7%
past year
+58%
past 5 years
+72%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Flagtown, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $2,880

Fair Market Rent a month, utilities included

Studio$2,090
1 bedroom$2,290
2 bedrooms$2,880
3 bedrooms$3,450
4 bedrooms$3,820
5%
of households rent · NJ 36%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Flagtown vs. its neighbors

Flagtown is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Flagtown$689K*+4.7%†$2,880—$229,612
Neshanic$540K*+4.7%†$2,880—$166,250
Hillsborough$681K+2.3%$2,880122$154,031
Neshanic Station$770K*+6.5%†$2,500—$221,395
Branchburg$736K+2.3%$2,43051$168,832

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Flagtown buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Flagtown still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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