Housing · Mendham

Mendham, NJ housing market

Homes typically sell in 12 days, a little above asking.

Home values, sales, trends and how Mendham compares with the towns next door — updated as new data is published.

The market right now

Mendham at a glance

Median sale price
$1.32M
May 2026 · Redfin
Days on market
12
New Jersey: 35 days
Sale-to-list
114.5%
Homes sell above asking
Homes sold
8
in May · 11 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Affordability

3.9 years of income

The typical Mendham home costs about 3.9 years of the town's median household income, less than across New Jersey (5.6 years).

How Mendham ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
85.9%
New Jersey: 63.8%
Median tax bill
$10,001
New Jersey: $9,590
Median rent
$3,501
New Jersey: $1,720
Typical home built
1972
New Jersey: 1970

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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.

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Mendham

New Jersey · NJ
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Mendham is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01