Far Hills, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 42 transactions over the past year in Far Hills. The median value for residential home transactions that occurred over the previous year is $1,403,535. The number of current listings in Far Hills is 39, and the percentage of properties for sale in the city is 39.00%. Far Hills, NJ currently has 5 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 39 properties for sale.
Far Hills, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07931 | $ 1,403,535 $ 418/sqft |
Housing Market Summary for Far Hills, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $2M | $1.6M | -22.69% |
| Median Sold Price | $995.4K | $1.5M | 46.77% |
| Homes For Sale | 23 | 36 | 56.52% |
| Homes Sold | 26 | 22 | -15.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Far Hills, NJ
Browse Homes in Far Hills, NJ
Far Hills home values range from $204,217 to $7,250,000. The median estimated value of a home in Far Hills is $1,403,535. The median list price of a home is 1,447,500, and the total count of properties in the city is 67.
- Pre-ForeclosurePre-foreclosure homes account for 5.97% of all residential properties in Far Hills, NJ with 07931 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Far Hills, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,683,939 in 07931 to the lowest home value of $792,232 in 07931.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Far Hills, NJ ranges from the highest value of $204,217 in 07931 to the lowest value of $204,217 in 07931. Bank owned homes and properties account for 1.49% of properties in Far Hills, NJ. There is 1 zips within Far Hills, NJ; 07931 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Far Hills, NJ. Auction homes and other auction properties account for 0% of all properties in Far Hills, NJ. There is 1 zips within Far Hills, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Far Hills, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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