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Housing in Rahway

226 homes sold in Rahway in the last year, at a typical $554K

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 Rahway homes are listed.

Homes sold
226
October 2025 to September 2026
Typical sale price
$554K
median, weighted by sales
Price per square foot
$390
New Jersey $335
Paid vs. asking
102%
61% sold over asking
For sale now
64
September 2026 · 24 sold that month
What sold · last 12 months

Houses are 85% of Rahway’s sales, at a typical $528K (year to May 2026)

226 homes sold in the year to September 2026.

Houses$528K

typical sale · 191 sold in the year to May 2026

Per square foot
$397NJ $331
Days to sell
44
Sold over asking
64%
Listings with a price cut
13%
Fewer sales

Multi-family (2–4 units): 32 sold, typical $643K
Condos: 3 sold, typical $455K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2022, at 2.5 times the 2016 price

226 sales in the last year, against 405 in 2021 and a low of 243 in 2025. The typical sale went from $223K in 2016 to $554K.

Homes soldTypical sale price
0112225337450$300K$400K$500K$600K2016: 346 sold, typical $223K’162017: 403 sold, typical $246K2018: 384 sold, typical $268K’182019: 370 sold, typical $289K2020: 344 sold, typical $340K’202021: 405 sold, typical $379K2022: 383 sold, typical $410K’222023: 283 sold, typical $440K2024: 268 sold, typical $499K’242025: 243 sold, typical $518KLast 12 months: 226 sold, typical $554KNow

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 Rahway

Houseat $397 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 Rahway 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 · 10 years of sales

Bidding wars in Rahway are more common than before the pandemic, but 61% fewer homes come up for sale

We read every month of Rahway’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, 226 sales.

If you’re buying in Rahway

  • Shop in April. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
  • Bid near asking. Buyers paid 102% of the list price on average; 61% paid over.
  • You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 44 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 41 a month), but May is the most competitive: 53% of May sales close over asking. March and April offer nearly as much choice with fewer homes bid up (46%). February has the least competition (40%).

New listings a monthShare sold over asking
011.322.533.84520%40%60%Sweet spotJan: 32 new listings a month, 45% sold over asking, 99 days to sellJFeb: 27 new listings a month, 40% sold over asking, 92 days to sellFMar: 37 new listings a month, 46% sold over asking, 90 days to sellMApr: 38 new listings a month, 43% sold over asking, 90 days to sellAMay: 38 new listings a month, 53% sold over asking, 67 days to sellMJun: 41 new listings a month, 50% sold over asking, 78 days to sellJJul: 39 new listings a month, 47% sold over asking, 76 days to sellJAug: 34 new listings a month, 50% sold over asking, 78 days to sellASep: 35 new listings a month, 50% sold over asking, 80 days to sellSOct: 31 new listings a month, 47% sold over asking, 82 days to sellONov: 25 new listings a month, 46% sold over asking, 84 days to sellNDec: 20 new listings a month, 48% sold over asking, 89 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New Jersey

Rahway now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price61%35%66%44%
Gone within two weeksShare of homes under contract within 14 days20%2%2%30%
Price paid vs. askingAverage sale price ÷ list price102%99.3%102.6%100.9%
Days to sellMedian days from listing to contract441048146
Supply

55 homes for sale on a typical day

That’s 1.3 times the 2024 low (41), 61% fewer than in 2017–19 and well under 2016’s 192.

2016: 192 for sale’162017: 158 for sale2018: 141 for sale2019: 130 for sale’192020: 108 for sale2021: 117 for sale2022: 90 for sale’222023: 43 for sale2024: 41 for sale2025: 52 for sale’25Last 12 months: 55 for saleNow
Across New Jersey

Rahway ranks 77th 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. Rahway is in the middle of the pack.

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.

Rent or buy?

Owning the typical Rahway home costs about $4,075 a month

Mortgage
Property tax
Insurance
Rent

Price: Rahway’s typical sale, last 12 months. Property tax at Rahway’s 2.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rahway is affordable on local pay is on Cost of living.

Before you buy in Rahway

Six things worth knowing

41

New listings in June

The month with the most choice. December has the fewest, about 20.

Best time to buy
2.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $554K home, about $14,220 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Rahway
32 min

Typical commute

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

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

Carteret and Woodbridge Township sell for less a square foot

The busier markets within 25 miles of Rahway, 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
Iselin106$519K$43856%69
Avenel86$500K$40347%84

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 Rahway, free

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

Questions about buying a home in Rahway

What do homes sell for in Rahway, NJ?

226 homes sold in the year to September 2026 at a typical $554K, $390 a square foot.

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

A seller’s market: 64 homes were for sale in September 2026 and 24 sold, about 2.6 months of supply. Buyers paid 102% of asking on average.

When is the best time to buy in Rahway?

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

How much are property taxes in Rahway?

About 2.6% of a home’s value a year. On a $554K home that’s near $14,220.

Where can I see homes for sale in Rahway?

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

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).