The story of this market
The typical home in ZIP 08854 sells for about $575,000, or $387 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,019 a month.
ZIP 08854 — Piscataway
The 08854 housing market is currently characterized as a seller's market with competitive conditions and rising prices. Limited inventory and steady demand from professionals are driving the upward trend in median sale prices and maintaining a high sale-to-list ratio.
The area is well-suited for family buyers and professionals, particularly those working in tech and math-heavy sectors, who value the balance of suburban living with access to regional employment hubs.
Median prices moved up 1.7% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 103.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.0% · poverty 3.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 08854, Middlesex County NJ
Piscataway maintains a strong economic base with a high concentration of professionals in computer and mathematical occupations, supported by its proximity to major regional employment hubs.
Piscataway offers a strategic location for commuters with access to major highway corridors and transit options connecting to regional employment centers in New Jersey and New York City.
The area features local parks and recreational facilities, with proximity to shopping and dining districts within the township and surrounding Middlesex County communities.
The local economy is anchored by a significant professional workforce, particularly in the computer and mathematical sectors, and benefits from the presence of college students and recent graduates.
The township is served by major highway corridors and regional transit infrastructure facilitating access to the broader New Jersey and New York metropolitan area.
Data sourced from US Census Bureau and ZCTA-level profiles.
Various community parks and green spaces serving local residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.