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Having worked as a real estate professional in Union County for years, I’ve had the pleasure of introducing many clients to the special character of Fanwood. This is more than just a town; it’s a thriving, close-knit community that blends a friendly, small-town atmosphere with all the modern conveniences you could want. For my clients, Fanwood represents the ideal balance of quiet suburban life with the great benefit of Union County’s central location and its own commuter train station.
Here is an analysis of the current Fanwood real estate market.
The Current Market: Strong Demand, Limited Listings
The market in Fanwood is a clear reflection of its popularity. It is a robust seller’s market, with a significant number of motivated buyers and a very small number of available homes. As of September 5, 2025, there are very few properties on the market.
- Low inventory: There are only six homes currently for sale in Fanwood. This scarcity creates intense competition among buyers for every property that becomes available.
- Rising prices: The median sale price for homes has climbed considerably, with properties often selling for more than their asking price. It is common to see homes go for 9% or more over list price when multiple offers are submitted. One of my recent listings on Fourth Street sold for almost 9% above the asking price to buyers who were ready to move quickly.
- Fast-moving market: When an appealing home is listed, it sells very quickly. On average, homes in Fanwood are under contract in fewer than 20 days. My role is to make sure my clients are prepared to make a strong and prompt offer when the right home comes along. The Fourth Street listing that recently closed received an offer before the end of its first weekend on the market.
For my sellers, this is an excellent opportunity to take advantage of your home’s value. The demand is high, and a smart pricing and marketing strategy can result in multiple competitive offers. For my buyers, success depends on preparation and having an expert partner. You need to be ready to act with a strong, straightforward offer.
What Makes Fanwood a Desirable Place to Live? It’s the Community.
The strength of the market is not just about the numbers; it’s about the quality of life Fanwood provides. I often tell my clients that this is the perfect town for those who value community, convenience, and a classic suburban feel.
- Walkable Downtown and Transit: The most valuable feature of Fanwood is its walkable downtown area and a train station with direct service to New York City. This is a huge benefit for commuters who want an easy trip to the city while enjoying a peaceful home life. The revitalized downtown features a variety of shops and restaurants, serving as a true center for residents.
- Excellent Schools: Fanwood is part of the well-regarded Scotch Plains-Fanwood Regional School District. The district’s dedication to high-quality education is a major factor for families considering a move here.
- A Strong Sense of Community: Fanwood is a place where people know their neighbors. Community events like “Fanny Wood Day” and the local farmers’ market bring everyone together, creating a small-town atmosphere that is becoming rare. Parks such as LaGrande Park and the Fanwood Nature Center offer lovely places for outdoor recreation and family activities.
Working with a Local Expert
The Fanwood real estate market is competitive and moves fast. As your local expert, I am constantly monitoring every listing and understanding the unique features of each neighborhood. I can help you explore different areas, from the charming homes near the train station to the more expansive properties in other parts of town.
Whether you are looking to sell your home or find your next one, the key is to be well-informed, prepared, and to have a local expert to guide you through this exciting and fast-paced market. I am here to help you through every step of the process.
