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Housing in Carteret

145 homes sold in Carteret in the last year, at a typical $555K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Carteret homes are listed.

Homes sold
145
October 2025 to September 2026
Typical sale price
$555K
median, weighted by sales
Price per square foot
$347
New Jersey $335
Paid vs. asking
101.1%
54% sold over asking
For sale now
70
September 2026 · 14 sold that month
What sold · last 12 months

Houses are 81% of Carteret’s sales, at a typical $521K (year to May 2026)

145 homes sold in the year to September 2026.

Houses$521K

typical sale · 106 sold in the year to May 2026

Per square foot
$355NJ $331
Days to sell
93
Sold over asking
50%
Listings with a price cut
13%
Fewer sales

Multi-family (2–4 units): 25 sold, typical $736K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 2.4 times the 2016 price

145 sales in the last year, against 228 in 2018 and a low of 122 in 2024. The typical sale went from $234K in 2016 to $555K.

Homes soldTypical sale price
062125187250$225K$350K$475K$600K2012: 132 sold, typical $199K’122013: 143 sold, typical $200K2014: 160 sold, typical $209K’142015: 167 sold, typical $215K2016: 207 sold, typical $234K’162017: 211 sold, typical $250K2018: 228 sold, typical $275K’182019: 179 sold, typical $292K2020: 192 sold, typical $341K’202021: 216 sold, typical $382K2022: 197 sold, typical $426K’222023: 144 sold, typical $455K2024: 122 sold, typical $491K’242025: 139 sold, typical $551KLast 12 months: 145 sold, typical $555KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $550K buys in Carteret

Houseat $355 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Carteret homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Carteret are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Carteret’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 145 sales.

If you’re buying in Carteret

  • Shop in March. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 101.1% of the list price on average; 54% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 89 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 22 a month), and the most competition: 45% close over asking. March and April offer nearly as much choice with fewer homes bid up (29%). January has the least competition (27%).

New listings a monthShare sold over asking
06.312.518.82520%40%60%Sweet spotJan: 18 new listings a month, 27% sold over asking, 111 days to sellJFeb: 16 new listings a month, 35% sold over asking, 111 days to sellFMar: 22 new listings a month, 29% sold over asking, 104 days to sellMApr: 21 new listings a month, 33% sold over asking, 96 days to sellAMay: 19 new listings a month, 45% sold over asking, 90 days to sellMJun: 22 new listings a month, 45% sold over asking, 90 days to sellJJul: 19 new listings a month, 40% sold over asking, 95 days to sellJAug: 20 new listings a month, 35% sold over asking, 87 days to sellASep: 20 new listings a month, 29% sold over asking, 90 days to sellSOct: 20 new listings a month, 36% sold over asking, 113 days to sellONov: 15 new listings a month, 31% sold over asking, 102 days to sellNDec: 12 new listings a month, 35% sold over asking, 105 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New Jersey

Carteret now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price54%24%44%44%
Gone within two weeksShare of homes under contract within 14 days26%14%3%30%
Price paid vs. askingAverage sale price ÷ list price101.1%98%99.6%100.9%
Days to sellMedian days from listing to contract891069046
Supply

56 homes for sale on a typical day

That’s 1.3 times the 2024 low (41), 35% fewer than in 2017–19 and well under 2015’s 116.

2012: 68 for sale’122013: 56 for sale2014: 80 for sale2015: 116 for sale’152016: 101 for sale2017: 99 for sale2018: 85 for sale’182019: 72 for sale2020: 72 for sale2021: 74 for sale’212022: 61 for sale2023: 44 for sale2024: 41 for sale’242025: 44 for saleLast 12 months: 56 for saleNow
Across New Jersey

Carteret ranks 118th of 300 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Carteret is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Carteret home costs about $3,779 a month

Mortgage
Property tax
Insurance
Rent

Price: Carteret’s typical sale, last 12 months. Property tax at Carteret’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Carteret is affordable on local pay is on Cost of living.

Before you buy in Carteret

Six things worth knowing

22

New listings in June

The month with the most choice. December has the fewest, about 12.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $555K home, about $10,590 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Carteret, from test results, graduation and how much students grow.

Schools in Carteret
31 min

Typical commute

The average one-way trip to work for people who live in Carteret.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Port Reading and Linden for far more

The busier markets within 25 miles of Carteret, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Linden259$559K$47360%41
Woodbridge Township227$489K$34752%65
Rahway226$554K$39061%44
Colonia150$644K$39968%72
Carteret145$555K$34754%89
Avenel86$500K$40347%84
Port Reading25$559K$43949%83

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Carteret, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Carteret. People who follow the town see it, and so do people comparing Carteret with their own town. No commission, no listing fee.

Questions about buying a home in Carteret

What do homes sell for in Carteret, NJ?

145 homes sold in the year to September 2026 at a typical $555K, $347 a square foot.

Is Carteret a buyer’s or seller’s market?

A balanced market: 70 homes were for sale in September 2026 and 14 sold, about 5 months of supply. Buyers paid 101.1% of asking on average.

When is the best time to buy in Carteret?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Carteret?

About 1.9% of a home’s value a year. On a $555K home that’s near $10,590.

Where can I see homes for sale in Carteret?

Zillow, Redfin, Realtor.com and Homes.com all carry Carteret’s MLS listings; the search links above open each one filtered to Carteret.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).