The Cranbury housing market is very competitive. The median sale price of a home in Cranbury was $704K last month, down 35.1% since last year. The median sale price per square foot in Cranbury is $506, up 37.9% since last year.
What is the housing market like in Cranbury today?
In October 2024, Cranbury home prices were down 35.1% compared to last year, selling for a median price of $704K. On average, homes in Cranbury sell after 36 days on the market compared to 43 days last year. There were 6 homes sold in October this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$703,750
-35.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cranbury, CT
$703,750
-35.1%
United States
To compare other locations to the Cranbury and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norwalk add value to a home.
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How hot is the Cranbury housing market?
Cranbury is very competitive. Homes sell in 42 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 42 days.
Hot homes
can sell for about 11% above list price and go pending in around 26 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
109.1%
+3.2 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cranbury housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cranbury.
Flood Factor - Minor
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cranbury has a minor risk of flooding. 137 properties in Cranbury are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Cranbury. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cranbury has a moderate risk of wildfire. There are 196 properties in Cranbury that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in Cranbury.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cranbury has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cranbury is most at risk from hurricanes. 800 properties in Cranbury have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.