Photo: Jesper Rautell Balle · CC BY 3.085 homes sold in Fanwood in the last year, at a typical $778K
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 Fanwood homes are listed.
Every place Fanwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fanwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Fanwood’s sales, at a typical $785K (year to May 2026)
85 homes sold in the year to September 2026.
typical sale · 83 sold in the year to May 2026
- Per square foot
- $461NJ $331
- Days to sell
- 21
- Sold over asking
- 80%
- Listings with a price cut
- 22%
Multi-family (2–4 units): 1 sold, typical $760K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.8 times the 2016 price
85 sales in the last year, against 152 in 2020 and a low of 74 in 2024. The typical sale went from $442K in 2016 to $778K.
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 $800K buys in Fanwood
Check a listing against what Fanwood 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.
Bidding wars in Fanwood are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Fanwood’s home sales since 2016 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, 85 sales.
If you’re buying in Fanwood
- Shop in March. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
- Expect to bid over asking. Buyers paid 104.7% of the list price on average; 65% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 22 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 14 a month), but April is the most competitive: 65% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (41%). December has the least competition (38%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Fanwood now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 65% | 29% | 62% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 2% | 2% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 104.7% | 99.1% | 102.1% | 100.9% |
| Days to sellMedian days from listing to contract | 22 | 91 | 71 | 46 |
10 homes for sale on a typical day
That’s twice the 2024 low (5), 74% fewer than in 2017–19 and well under 2019’s 45.
Fanwood ranks 46th 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. Fanwood is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2016 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.
Five things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 4.
Best time to buySchools
The schools grade for Fanwood, from test results, graduation and how much students grow.
Schools in FanwoodCheck 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 hazardsLook 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.
Plainfield, Watchung, Mountainside, North Plainfield and Garwood sell for less a square foot
The busier markets within 25 miles of Fanwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Westfield | 300 | $1.4M | $573 | 78% | 15 |
| Plainfield | 242 | $536K | $335 | 61% | 48 |
| North Plainfield | 149 | $486K | $344 | 63% | 49 |
| Fanwood | 85 | $778K | $468 | 65% | 22 |
| Watchung | 65 | $1.1M | $389 | 48% | 29 |
| Mountainside | 65 | $1M | $442 | 59% | 22 |
| Garwood | 57 | $684K | $406 | 72% | 20 |
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.
Post your home to Fanwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fanwood. People who follow the town see it, and so do people comparing Fanwood with their own town. No commission, no listing fee.
Questions about buying a home in Fanwood
What do homes sell for in Fanwood, NJ?
85 homes sold in the year to September 2026 at a typical $778K, $468 a square foot.
Is Fanwood a buyer’s or seller’s market?
A seller’s market: 14 homes were for sale in September 2026 and 7 sold, about 1.8 months of supply. Buyers paid 104.7% of asking on average.
When is the best time to buy in Fanwood?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Fanwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Fanwood’s MLS listings; the search links above open each one filtered to Fanwood.
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).