Housing Prices in Fort Lee, NJ
How much do homes in Fort Lee, NJ cost?
Median List Price
$499,000
$498/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Fort Lee has increased by 91.9% since last year.
Summary: The median home list price in Fort Lee was $499,000 in March 2024, up 91.9% from the previous year, and the median price per square foot was $498.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.5K | $305K | +69.9% |
| 2 Bedrooms | $257.4K | $407.4K | +58.3% |
| 3 Bedrooms | $629.9K | $975K | +54.8% |
| 4 Bedrooms | $749.5K | $1.5M | +100.1% |
| 5+ Bedrooms | $1.0M | $1.8M | +76.3% |
Summary: Fort Lee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.9%, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 54.8%, 4 bedroom homes increased by 100.1%, and 5+ bedroom homes increased by 76.3%.
Median List Price Compared To Nearby Cities
| Edgewater | $459K | $950K | +107.0% |
| Fort Lee | $260K | $499K | +91.9% |
Housing Supply in Fort Lee, NJ
How many homes are available in Fort Lee, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 101 | +55.4% |
Summary: The Fort Lee real estate market had 101 homes for sale in March 2024, a 55.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 23 | +187.5% |
| 2 Bedrooms | 27 | 36 | +33.3% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The Fort Lee housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 187.5%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 54.5%.
Days on Market for Fort Lee, NJ
How long does it take to sell a home in Fort Lee, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 270 Days | 85 Days | -68.3% |
Summary: Homes in Fort Lee had an average listing age of 85 days in Mar 2024, down by 68.3% compared to the previous year.
