Market Overview
Home Prices in Edison, NJ
The median home value in Edison, NJ is $649,271 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Edison are priced58% above average. Edison is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Edison home values have risen by approximately38.3%, reflecting strong long-term appreciation in this market.
Price History
Edison Home Price Trend
City Comparison
Edison vs. National Median
At $649,271, homes in Edison cost 58% above the national median of $410,000. Buyers in Edison should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Edison?
20% Down Payment
$129,854
on $649,271
Monthly P&I
$3,386/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,300/mo
incl. taxes & insurance
Income Needed
$172,000
gross annual (30% rule)
10% Down Option
$64,927
+ PMI applies
Loan Amount (20% dn)
$519,417
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Edison, NJ?
The median home value in Edison is $649,271 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Edison?
Over the past year, home values in Edison have increased by 1.7%. Over five years, prices have risen approximately 38.3%.
How much do I need to earn to buy a home in Edison?
To comfortably afford the median home price of $649,271 with a 20% down payment ($129,854) at today's rates (6.8%), you'd need a gross annual income of approximately $172,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Edison compare to the national average home price?
The national median home value is approximately $410,000. At $649,271, homes in Edison are 58% above the national average.
What metro area is Edison part of?
Edison is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.