07922 — Union County, New Jersey Market Snapshot

Housing market data for zip code 07922 in Union County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

22 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$813,000

-10.4% YoYClosed sales

Days to Sell

15

Median, listing to close

Homes Sold

22

Closed in 2026

Inventory

19

Sale-to-List

106.6%

New Listings

48

Price/SqFt

$451

Pending Sales

38

Conforming Loan Available

Most homebuyers in 07922 can comfortably use conventional financing. The median home price of $813,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 07922 are moving quickly at 15 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes in 07922 are selling 6.6% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 07922 can comfortably use conventional financing. The median home price of $813,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 07922 are set at the county level.

2026 Loan Limits — Union County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 07922

To purchase the median home at $813,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,379.

Monthly Payment

$6,379

Income Required

$273,384

Principal & Interest

$5,009/mo

Down Payment (5%)

$40,650

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 07922.

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Estimated Monthly Payment

$5,181

Principal & Interest$4,218
Property Tax$813
Insurance$150
Loan Amount$650,400
Total Interest$868,253
Income Required$222,063/yr

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