Housing Prices in Montvale, NJ
How much do homes in Montvale, NJ cost?
Median List Price
$1,024,999
$344/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Montvale has increased by 63% since last year.
Summary: The median home list price in Montvale was $1,024,999 in March 2024, up 63% from the previous year, and the median price per square foot was $344.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $487.4K | $649K | +33.1% |
| 3 Bedrooms | $629K | $1.0M | +66.9% |
| 4 Bedrooms | $749.4K | $844K | +12.6% |
| 5+ Bedrooms | - | $1.5M | N/A |
Summary: Montvale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 66.9%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Montvale | $629K | $1.0M | +63.0% |
| Woodcliff Lake | $925K | $1.3M | +40.5% |
| Chestnut Ridge | $699K | $799K | +14.3% |
| Pearl River | $547K | $592K | +8.2% |
| Park Ridge | $759.9K | $699K | -8.0% |
Housing Supply in Montvale, NJ
How many homes are available in Montvale, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Montvale real estate market had 16 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Montvale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Montvale, NJ
How long does it take to sell a home in Montvale, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 62 Days | -1.3% |
Summary: Homes in Montvale had an average listing age of 62 days in Mar 2024, down by 1.3% compared to the previous year.
