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Housing in Iselin · A buyer's market

A typical Iselin home is worth about $563,000

Up 3.7% in a year, close to the New Jersey typical home. Homes typically sell in 69 days, a little above asking.

Typical home value
$563K
▲ 3.7% in a year · NJ $580K
Zillow
Median sale price
$545K
May 2026 · Redfin
Days on market
69
Slower than NJ (35)
Sale-to-list
101%
Homes sell above asking
Homes sold
7
in May · 52 for sale
2-bedroom rent
$2,770
a month, utilities in · HUD
Median tax bill
$9,119
NJ $9,590
What stands out · In brief

Housing in Iselin, in brief

Buyers have time and room to negotiate

At the pace homes sold in May, it would take about 7.4 months to sell everything listed (New Jersey: 3.3). The typical home took 69 days to sell and sold at 101% of asking. How fast homes sell ↓

A median income doesn’t stretch to the towns next door

At Iselin’s median income, the calculator’s budget of about $365K covers neither the typical home here ($563K) nor in any of the four neighboring towns. The least expensive is Menlo Park Terrace at $427K. Can I afford it? ↓

Written from the data on this page. Home values are the Zillow Home Value Index, through August 2026; sales and supply are Redfin’s for May 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey.

Price trend

Up 42.4% in five years

Faster than New Jersey (35.4%).

IselinNew Jersey
$300K$350K$400K$450K$500K$550K$600K20182020202220242026
Show as a table
JanuaryIselinNew Jersey
2017$306,000$317,000
2018$325,000$330,000
2019$330,000$343,000
2020$354,000$358,000
2021$366,000$394,000
2022$408,000$441,000
2023$432,000$471,000
2024$481,000$511,000
2025$536,000$551,000
2026$560,000$568,000
August 2026$563,000$580,000
Then & now

A typical Iselin home worth $305K in September 2016 is worth about $563K today.

+$259K
+3.7%
past year
+42.4%
past 5 years
+85%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Market temperature

A buyer's market

More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.

Buyer’s marketA buyer's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

7.4
months of supply · NJ 3.3
69
days to sell · NJ 35
101%
of asking price, at sale
42.9%
sold above asking
35.3%
under contract within 2 weeks
20
new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 5.1 years of income

Less than across New Jersey (5.6 years). Try your own numbers below.

You could afford about
$365,000
Typical Iselin home $563K

That’s $198K short of a typical Iselin home.

The typical home, each month
$3,960
Loan $2,790Tax $1,000Insurance $160

A two-bedroom rents for about $2,770 a month here, $1,190 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Iselin’s typical property tax (2.14% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $2,770

Renters already here pay a median of $2,113, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$2,010
1 bedroom$2,200
2 bedrooms$2,770
3 bedrooms$3,320
4 bedrooms$3,670
35%
of households rent · NJ 36%
2,107
renter households
50%
of renters spend 30%+ of income on rent · NJ 52%
30%
of the median income, for a two-bedroom
$2,113
median rent paid today · Census

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.

The homes

65% of Iselin households own their home

Half of Iselin’s homes were built before 1959.

Owners and renters
Own 65%Rent 35%

New Jersey: 64% own.

1959
typical home built · NJ 1970
$9,119
median property tax bill · NJ $9,590
2.14%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Iselin vs. its neighbors

Iselin 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
Iselin$563K+3.7%$2,770—$109,500
Colonia$646K+4.7%$2,600—$122,713
Menlo Park Terrace$427K*+6.7%†$2,840—$110,278
Woodbridge Township$486K+2.5%$2,580322$108,928
Edison Township$642K+2.4%$2,560108$125,145

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 Iselin buyers, sellers and renters are saying.

Town Square →
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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. 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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