Housing Prices in Fair Lawn, NJ
How much do homes in Fair Lawn, NJ cost?
Median List Price
$579,900
$385/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Fair Lawn has increased by 1.2% since last year.
Summary: The median home list price in Fair Lawn was $579,900 in March 2024, up 1.2% from the previous year, and the median price per square foot was $385.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $289K | +25.7% |
| 2 Bedrooms | $379.4K | $329.5K | -13.2% |
| 3 Bedrooms | $525K | $549.9K | +4.7% |
| 4 Bedrooms | $584K | $611.9K | +4.8% |
| 5+ Bedrooms | $799.9K | $924.9K | +15.6% |
Summary: Fair Lawn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 15.6%.
Median List Price Compared To Nearby Cities
| Glen Rock | $769K | $879K | +14.3% |
| Paramus | $790K | $899K | +13.8% |
| Hawthorne | $459K | $514.9K | +12.2% |
| Elmwood Park | $432.5K | $465K | +7.5% |
| Fair Lawn | $572.9K | $579.9K | +1.2% |
Housing Supply in Fair Lawn, NJ
How many homes are available in Fair Lawn, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 39 | +160.0% |
Summary: The Fair Lawn real estate market had 39 homes for sale in March 2024, a 160.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 5 | 15 | +200.0% |
| 5+ Bedrooms | 1 | 7 | +600.0% |
Summary: The Fair Lawn housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 600%.
Days on Market for Fair Lawn, NJ
How long does it take to sell a home in Fair Lawn, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 29 Days | -70.3% |
Summary: Homes in Fair Lawn had an average listing age of 29 days in Mar 2024, down by 70.3% compared to the previous year.
