The Cranbury housing market is somewhat competitive. The median sale price of a home in Cranbury was $613K last month, down 19.7% since last year. The median sale price per square foot in Cranbury is $320, up 0.9% since last year.
What is the housing market like in Cranbury today?
In March 2024, Cranbury home prices were down 19.7% compared to last year, selling for a median price of $613K. On average, homes in Cranbury sell after 51 days on the market compared to 124 days last year. There were 7 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$613,000
-19.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cranbury, CT
$613,000
-19.7%
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 somewhat competitive. Homes sell in 53 days.
0
100
56
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 6% above list price and go pending in around 53 days.
Hot homes
can sell for about 13% above list price and go pending in around 30 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
106.1%
+10.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cranbury, CT
106.1%
+10.8 pt
United States
Home offer insights for Cranbury
Explore recent offers and recently sold homes in Cranbury
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.
Risk Factor
Flood Factor - Major
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cranbury has a major 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.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cranbury has a moderate risk of wildfire. There are 288 properties in Cranbury that have some risk of being affected by wildfire over the next 30 years. This represents 35% 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. 807 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.