Housing Prices in Tenafly, NJ

How much do homes in Tenafly, NJ cost?

Median List Price

$1,599,000

-

Based on all homes listed in March 2024.

Difference Since Last Month

-$381,000(-19.2%)

Key Takeaway

The list price of homes in Tenafly has decreased by 19.2% since February.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $375K$375K
0.0%
2 $459K$443.5K
-3.4%
3 $784.5K$770K
-1.8%
4 $1.2M$1.3M
+7.8%
5+ $4.5M$3.7M
-17.0%

Summary: Tenafly housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 17%.

Median List Price Compared To Nearby Cities

Tenafly
-19.2%
Englewood Cliffs
-22.4%

Housing Supply in Tenafly, NJ

How many homes are available in Tenafly, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1535+133.3%

Summary: The Tenafly real estate market had 35 homes for sale in March 2024, a 133.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 25
+150.0%
4 17
+600.0%
5+ 816
+100.0%

Summary: The Tenafly 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 150%, 4 bedroom homes increased by 600%, and 5+ bedroom homes increased by 100%.

Days on Market for Tenafly, NJ

How long does it take to sell a home in Tenafly, NJ?

Average Listing Age

Feb 2024Mar 2024CHANGE
116 Days72 Days-37.5%

Summary: Homes in Tenafly had an average listing age of 72 days in Mar 2024, down by 37.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Tenafly, NJ

Nearby Markets to Tenafly, NJ

What housing markets are near Tenafly, NJ?