All Home Types
Basking Ridge, NJ Housing Market
What is the housing market like in Basking Ridge today?
In May 2025, Basking Ridge home prices were down 9.22% compared to last year, selling for a median price of $828K. On average, homes in Basking Ridge sell after 11 days on the market compared to 18 days last year. There were 6 homes sold in May this year, up from 6 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$827,500
-9.22% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Basking Ridge, NJ
$827,500
-9.22%
United States
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Basking Ridge Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Basking Ridge homebuyers searched to move out of Basking Ridge, while 69% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Basking Ridge from outside metros.
- Los Angeles homebuyers searched to move into Basking Ridge more than any other metro followed by Vineyard Haven and Spokane.
Where are people moving to Basking Ridge from?
- 69% of Basking Ridge homebuyers searched to stay within the Basking Ridge metropolitan area.
- Miami was the most popular destination among Basking Ridge homebuyers followed by Philadelphia and Boston.
Where are people from Basking Ridge moving to?
Number of People Moving to Basking Ridge
least
most
People are moving to Basking Ridge from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 192 | ||
| 2 | 13 | ||
| 3 | 8 | ||
| 4 | 4 | ||
| 5 | 3 | ||
| 6 | 3 | ||
| 7 | 2 | ||
| 8 | 2 | ||
| 9 | 2 | ||
| 10 | 2 | ||
People are leaving Basking Ridge for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 5,724 | ||
| 2 | 4,619 | ||
| 3 | 4,289 | ||
| 4 | 2,883 | ||
| 5 | 2,084 | ||
| 6 | 2,013 | ||
| 7 | 1,658 | ||
| 8 | 1,494 | ||
| 9 | 1,438 | ||
| 10 | 1,390 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Basking Ridge.
Provided by First Street Foundation
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