Market Overview
Home Prices in Rumson, NJ
The median home value in Rumson, NJ is $2,326,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rumson are priced467% above average. Rumson is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Rumson home values have risen by approximately49.8%, reflecting strong long-term appreciation in this market.
Price History
Rumson Home Price Trend
City Comparison
Rumson vs. National Median
At $2,326,016, homes in Rumson cost 467% above the national median of $410,000. Buyers in Rumson should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rumson?
20% Down Payment
$465,203
on $2,326,016
Monthly P&I
$12,131/mo
30-yr @ 6.8%
Total Monthly Est.
~$15,406/mo
incl. taxes & insurance
Income Needed
$616,240
gross annual (30% rule)
10% Down Option
$232,602
+ PMI applies
Loan Amount (20% dn)
$1,860,813
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 Rumson, NJ?
The median home value in Rumson is $2,326,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10% year-over-year.
How much have home prices changed in Rumson?
Over the past year, home values in Rumson have increased by 10%. Over five years, prices have risen approximately 49.8%.
How much do I need to earn to buy a home in Rumson?
To comfortably afford the median home price of $2,326,016 with a 20% down payment ($465,203) at today's rates (6.8%), you'd need a gross annual income of approximately $616,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Rumson compare to the national average home price?
The national median home value is approximately $410,000. At $2,326,016, homes in Rumson are 467% above the national average.
What metro area is Rumson part of?
Rumson 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.