Farmingdale, NJ
Full City Profile · New Jersey · Monmouth County County
4.1
/5.0
A
Great
1,399
Population
2,690/sq mi density
$97,574
Median Income
$42,572 per capita
$401,000
Home Value
$837,268 Zillow
$1,548
Median Rent
37.1% income on rent
54°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.8 / 5.0
$97,574 median income, 13.1% unemployment
A
Affordability
4.4 / 5.0
$401,000 home value, $1,548/mo rent
B+
Education
4.0 / 5.0
37.4% bachelor's degree or higher
Housing Overview
Median Home Value
$401,000
42% above
US avg: $281,900
Median Rent
$1,548/mo
33% above
US avg: $1,163/mo
Homeownership Rate
57.4%
12% below US avg (65.4%)
Total Housing Units
567
Median year built: 1972
Home Value by Source
Census Median
$401,000
Zillow (ZHVI)
$837,268
Redfin Median Sale
$354,637
Median Sale Price
$354,637
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.4%
Owner-Occupied
42.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,548/mo
Market Indicators (Redfin)
Median Sale Price
$354,637
Median Days on Market
29 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$394
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
37.1%
of renters spending 30%+ of income on housing
20% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
57.4%
Complete Housing Data
Home Values
| Census Median Value | $401,000 |
| Zillow Home Value (ZHVI) | $837,268 |
| Redfin Median Sale | $354,637 |
| Median Sale Price | $354,637 |
| Price Per Sq Ft | $394 |
Rent
| Census Median Rent | $1,548 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 29 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 66.7% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $394 |
Ownership & Stock
| Owner-Occupied | 57.4% |
| Renter-Occupied | 42.6% |
| Homeownership Rate | 57.4% |
| Total Housing Units | 567 |
| Median Year Built | 1972 |
| Rent Burden | 37.1% |