Market report, updated

2003 - Cranford Home Values and Market Report

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Report prepared by Findyourjerseyhome.com Exp Realty

Market at a glance

Over the last 12 months, homes sold for 102.5% of list price in 69 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $999K Sold · $1.11M
$1.2M$900K$600K$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

7homes
Active3 · 43%
Sold (12 mo)4 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

9.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$650K
Sold$793K

Average days on market

Active44 days
Sold69 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $649,666
Avg. days on market 44 days
Avg. price per ft² $413 Based on 2 of 3 homes
Avg. living area 1,469 ft² Based on 2 of 3 homes
Avg. beds / baths 3.0 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 2 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 2 homes in this status.

201 Arbor Street, Cranford NJ 07016$424
25 Park Terrace, Cranford NJ 07016$402

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
201 Arbor Street, Cranford NJ 070162003 - Cranford, NJ 07016 431,882$799,000$4249 days
25 Park Terrace, Cranford NJ 070162003 - Cranford, NJ 07016 221,056$425,000$40232 days
120 Besler Avenue, Cranford NJ 070162003 - Cranford, NJ 07016 —2—$725,000—92 days
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Questions about this market?

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The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated:


The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved.The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.