Union County remains one of Northern New Jersey's most competitive housing markets in 2026. With 21 diverse towns offering everything from luxury estates to affordable starter homes—all within 45 minutes of Manhattan—buyer demand continues to outpace supply.
Overall Market Snapshot
- Median Home Price: $575K (county-wide)
- Year-Over-Year Change: +4.2%
- Average Days on Market: 22 days
- Inventory: 2.1 months (seller's market)
- Homes Selling Above Asking: 48%
Town-by-Town Price Analysis
Premium Tier ($900K+)
Summit: $1.25M - $1.4M median | A+ schools | 39-min express to NYC
Westfield: $850K - $1.1M median | A+ schools | Vibrant downtown
New Providence: $750K - $900K median | A schools | Family-focused
Mid-Tier ($600K-$850K)
Cranford: $650K - $750K median | Good schools | Downtown charm
Berkeley Heights: $700K - $850K median | Strong schools | Suburban feel
Springfield: $625K - $725K median | Good schools | Central location
Value Tier ($400K-$600K)
Clark: $475K - $575K median | Solid schools | Great value
Scotch Plains: $550K - $650K median | Good schools | Large lots
Union: $425K - $525K median | Affordable | NYC access
2026 Market Trends
1. NYC Commuter Premium Persists
Towns with Midtown Direct service (Summit, Westfield, Cranford) command 15-25% price premiums over similar towns without express trains.
2. School Quality Drives Demand
A+ school districts see homes sell 30% faster and prices appreciate 2-3% more annually than B-rated districts.
3. Walkable Downtowns = Higher Prices
Summit, Westfield, and Cranford's walkable downtown areas add $50K-100K to home values vs. comparable properties in car-dependent towns.
4. Inventory Shortage Continues
With only 2.1 months of inventory (6 months = balanced), buyers face competition and often pay above asking.
Best Towns for Investment (2026)
🏆 Summit
Why: Strongest appreciation potential, lowest days on market, premium location
Risk: High entry price limits buyer pool
🏆 Cranford
Why: Undervalued vs. comparable towns, improving downtown, strong schools
Risk: Flood history (but mitigation projects completed)
🏆 Clark
Why: Best value play, appreciation runway, good schools
Risk: Less prestigious than tier-1 towns
Buyer Tips for Union County 2026
- Get pre-approved before looking - competitive market requires fast action
- Be ready to offer above asking - 48% of homes sell over list price
- Don't skip inspection - many homes are 50-100+ years old
- Focus on train access - walkable to station adds significant value
- Consider shoulder season - less competition Sept-Nov
Seller Tips for Union County 2026
- Price competitively - overpricing kills momentum
- Stage professionally - presentation matters at this price point
- Time your listing - March-June highest activity
- Highlight commute - buyers prioritize NYC access
- Market schools - families drive demand
Property Tax Comparison
| Town | Avg Tax Rate | Tax on $750K Home |
|---|---|---|
| Summit | 1.55% | ~$11,625 |
| Westfield | 2.04% | ~$15,300 |
| Cranford | 2.56% | ~$19,200 |
| Clark | 2.73% | ~$20,475 |
| Elizabeth | 2.89% | ~$21,675 |
2026 Forecast
Price Appreciation: Expect 3-5% growth county-wide
Inventory: Likely to remain tight (under 3 months)
Interest Rates: Stabilizing around 6.5-7%
Buyer Competition: High in A+ school districts, moderate elsewhere
Ready to Buy or Sell in Union County?
I've helped hundreds of families navigate Union County's competitive market. Whether you're targeting Summit's luxury market or looking for value in Clark, I can guide you through the process.
📞 Call/Text: 908-230-7844
📧 Email: info@thejorgeramirezgroup.com