Montclair, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 404 transactions over the past year in Montclair. The median value for residential home transactions that occurred over the previous year is $1,419,000. The number of current listings in Montclair is 300, and the percentage of properties for sale in the city is 300.00%. Montclair, NJ currently has 68 properties in foreclosure, 0 bank owned properties, 12 properties headed for auction, and 300 properties for sale.
Montclair, NJ Real Estate Market Overview
Housing Market Summary for Montclair, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $999K | $1.2M | 20.02% |
| Median Sold Price | $1.1M | $960.9K | -15.78% |
| Homes For Sale | 149 | 294 | 97.32% |
| Homes Sold | 229 | 125 | -45.41% |
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 Montclair, NJ
Browse Homes in Montclair, NJ
Montclair home values range from $260,404 to $8,132,978. The median estimated value of a home in Montclair is $1,419,000. The median list price of a home is 1,199,000, and the total count of properties in the city is 558.
- Pre-ForeclosurePre-foreclosure homes account for 10.04% of all residential properties in Montclair, NJ with 07042 containing 47 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Montclair, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $4,238,447 in 07043 to the lowest home value of $517,276 in 07042.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Montclair, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Montclair, NJ. There are 2 zips within Montclair, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07042 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Montclair, NJ. Auction homes and other auction properties account for 2.15% of all properties in Montclair, NJ. There are 2 zips within Montclair, NJ; of those zips, the median estimated home value for homes going to auction ranges from $1,332,247 in 07043 to the lowest value of $514,900 in 07043.
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More Real Estate Resources for Montclair, NJ
Guide for Montclair, 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.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
