All Home Types
Basking Ridge, NJ Housing Market
What is the housing market like in Basking Ridge today?
In January 2025, Basking Ridge home prices were down 35.7% compared to last year, selling for a median price of $1.0M. On average, homes in Basking Ridge sell after 12 days on the market compared to 48 days last year. There were 4 homes sold in January this year, up from 4 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,012,500
-35.7% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Basking Ridge, NJ
$1,012,500
-35.7%
United States
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Basking Ridge Migration & Relocation Trends
In Dec '24 - Feb '25, 30% of Basking Ridge homebuyers searched to move out of Basking Ridge, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Basking Ridge from outside metros.
- San Francisco homebuyers searched to move into Basking Ridge more than any other metro followed by Seattle and Los Angeles.
Where are people moving to Basking Ridge from?
- 70% 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 | Dec '24 - Feb '25 | ||
| 1 | 198 | ||
| 2 | 74 | ||
| 3 | 64 | ||
| 4 | 18 | ||
| 5 | 11 | ||
| 6 | 5 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Basking Ridge for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 5,524 | ||
| 2 | 4,297 | ||
| 3 | 3,510 | ||
| 4 | 2,469 | ||
| 5 | 1,894 | ||
| 6 | 1,883 | ||
| 7 | 1,663 | ||
| 8 | 1,471 | ||
| 9 | 1,351 | ||
| 10 | 1,214 | ||
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.
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