Is Highland Park, NJ 08904 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Highland Park is a seller’s market. With about 2.3 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score27/ 100

#81 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #429 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply2.3Under 4 months = seller’s market
Sold above original list47.3%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$342▲ +0.4% vs. last year

The Highland Park housing market right now

In the three months ending August 31, 2026, 47% of homes in Highland Park, NJ 08904 sold above their list price, the typical home went under contract in 65 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 69%, homes sold faster (72 days then) and the median sale price rose 6% to $624,730. Overall, Highland Park is less competitive than a year ago, which gives buyers more room.

Within Middlesex County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Highland Park ranks #310 of 444 NJ ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Plainsboro 08536 (26% sold over asking) or Monroe Township 08831 (35% sold over asking), while Sewaren 07077 (100% sold over asking) and Middlesex 08846 (87% sold over asking) are even more competitive.

Nearby markets

Avenel 07001Seller’s market $429 /sq ftCarteret 07008Balanced $355 /sq ftColonia 07067Seller’s market $393 /sq ftCranbury 08512Seller’s market $339 /sq ft Browse all markets →

Where Highland Park is

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Questions about Highland Park real estate

Is Highland Park a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Highland Park, NJ 08904 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Highland Park?

The typical home went under contract in 65 days in the latest three months.

Do homes in Highland Park sell over asking?

47% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.

What are property taxes in Highland Park?

About 2.80% of a home’s value a year in Highland Park Boro, Middlesex County, or roughly $11,208 on a $400,000 home.

What is the median home price in Highland Park?

The median sale price was $624,730 in the three months ending August 31, 2026, about $342 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology