ZIP 07940 · Madison, NJ
07940 Madison, NJ Housing Market
Monthly housing intelligence for ZIP 07940, Madison, NJ. Latest data: May 2026.
Median listing price
$1,562,500
MoM -26.0% · YoY +23.8%
Active listings
14
YoY -6.7%
Median days on market
17
YoY -20.9%
New listings
12
YoY +50.0%
Pending listings
24
Pending ratio 1.71
Price reduced share
6.8%
YoY +6.8%
Median $ / sqft
$453
YoY +4.7%
Median sqft
4,000
Average listing price
$1,821,972
YoY +18.2%
Total listings
38
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| May 2026 | $1,562,500 | 14 | 17 | 1.71 |
| April 2026 | $2,112,500 | 14 | 27 | 1.32 |