$869,000
33 Homewood Ave
Allendale, NJ
3 bd2 ba
House14,810 sqft lot
View photos & details
Brokers — List your Company Here
Featured local agent — Allendale, NJ
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Allendale, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Allendale, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Allendale, NJ Housing Market
Strong seller's market+6.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Allendale, NJ is worth $1.13M, rose 6.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $708,000, -7.2% year over year (through May 2026). With 2.6 months of supply and homes going under contract in about 44 days, Allendale is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $1.13M home is about $6,013/mo in principal and interest.
Key numbers for Allendale, NJ
Typical home value
$1.13M
+6.8% in 12 months
Zillow, August 2026
Median sale price
$708,000
-7.2% year over year
Redfin, through May 2026
Days on market
44
Average pace
Redfin, through May 2026
Active listings
13
2.6 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$156,992
Home costs 7.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
104.0%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Allendale a buyer's or seller's market?
Strong seller's market2.6 months of supply44 days on market104.0% of asking
Allendale, NJ is a strong seller's market, based on 2.6 months of supply and homes selling in about 44 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Allendale housing market data show?
Every row below is Redfin's final published month for Allendale, NJ. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $708,000 |
| Median list price | $936,500 |
| Year-over-year price change | -7.2% |
| Median price per sq ft | $476/sq ft |
| Median days on market | 44 days |
| Active inventory | 13 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 104.0% |
| Homes sold (that month) | 5 |
| New listings (that month) | 6 |
| Listings with a price cut | 15.4% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Allendale is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Allendale is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Allendale home prices moved?
Over the last three years the median sale price in Allendale, NJ fell 34.6%, from $1.08M to $708,000. The live Zillow value series has rose 6.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 15.4% of Allendale listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.6 months while the sale-to-list ratio slips below its current 104.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Allendale market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Allendale?
Priced off the typical home value of $1.13M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $225,250 | $900,998 | $6,013/mo |
| 5% | $56,312 | $1.07M | $7,140/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $6,013, that implies roughly $257,680 a year before you add taxes and insurance. The median household in Allendale earns $156,992, about $100,688 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Allendale in the next 12 months?
Tell us your timeline. We send the Allendale market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Allendale?
Zillow does not publish a rent index (ZORI) for Allendale, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Allendale?
Active listings in Allendale, NJ went from 20 in May 2025 to 13 in May 2026, a -35.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 21 | 9 |
| July 2025 | 25 | 9 |
| August 2025 | 14 | 2 |
| September 2025 | 15 | 8 |
| October 2025 | 17 | 8 |
| November 2025 | 15 | 2 |
| December 2025 | 10 | 3 |
| January 2026 | 9 | 4 |
| February 2026 | 9 | 4 |
| March 2026 | 9 | 3 |
| April 2026 | 13 | 8 |
| May 2026 | 13 | 6 |
Redfin, through May 2026
How does Allendale compare to New Jersey and the U.S.?
Allendale homes sell for $708,000 — 22% above the New Jersey median of $579,900. Against the national median of $410,700, Allendale runs 72% higher. Year-over-year, Allendale moved -7.2% against New Jersey's +3.7% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Allendale, NJ | $708,000 | -7.2% | 44 days |
| New Jersey statewide | $579,900 | +3.7% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Allendale
What buyers should watch
- Months of supply, currently 2.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 15.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,127 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.13M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Allendale listing goes under contract in 44 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 104.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Allendale added 6 new listings against 5 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +6.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Allendale varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Allendale
There are currently 13 homes listed for sale in Allendale, New Jersey. The median listing price is $937K. Featured listings range from $869,000 to $949,000.
$900,000
77 Myrtle Ave
Allendale, NJ
2 bd2 ba
Multi-family
View photos & details
$949,000
6 Cottage Pl
Allendale, NJ
3 bd1 ba
House
View photos & details
$949,000
151 Donny Brook Dr
Allendale, NJ
4 bd4 ba
House41,382 sqft lot
View photos & details
Looking to buy in Allendale?
Get connected with a local real estate expert — free, no obligation.
Active listings
13
Homes on market
Median list price
$937K
Avg. days on market
44
Days until sale
New this week
6
Newly listed
Price drops:15.4%of listings
Sale-to-list:104.0%
How much do homes cost in Allendale by property type?
How the Allendale, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $790,000 | $476/sq ft | 3 | 36 days |
| Condo / co-op | $540,000 | $540/sq ft | 1 | 44 days |
| Townhouse | $598,888 | $457/sq ft | 1 | 90 days |
Who lives in Allendale?
American Community Survey estimates for Allendale. U.S. Census ACS, 2023
Population
6,820
Households
2,332
Median income
$156,992/yr
Median age
45.7 years
Owner-occupied
77.4%
Median home value
$764,600
Median gross rent
$2,648/mo
Mean commute
38.3 min
77.4% of occupied homes in Allendale are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $764,600 against Zillow's $1.13M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Allendale?
3 schools tracked · 2,158 students
The largest public schools serving Allendale, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Northern Highlands Regional High School
Grades 9-12 · 1,261 students
Brookside School
Grades 4-8 · 525 students
Hillside Elementary School
Grades PK-3 · 372 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Allendale, NJ?
Ordered by distance from Allendale, not by size. Compare Allendale side by side with any of them.
Allendale housing market FAQ
Is Allendale a buyer's or seller's market?
Allendale, NJ is currently a strong seller's market. That read comes from 2.6 months of supply, homes going under contract in about 44 days, and sellers getting 104.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Allendale?
The typical home in Allendale, NJ is worth $1.13M (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $708,000, about $476 per square foot.
Is Allendale cheaper than the rest of New Jersey?
Allendale's median sale price of $708,000 is 22% higher than the New Jersey statewide median of $579,900, and 72% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Allendale?
Homes in Allendale, NJ spent a median of 44 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Allendale?
At the current 30-year fixed rate of 7.03%, 20% down on a $1.13M home is about $6,013 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $257,680 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $156,992.
Are home prices rising in Allendale?
The typical home value in Allendale, NJ rose 6.8% over the last 12 months, from $1.05M to $1.13M (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Allendale?
Allendale ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Allendale?
That depends on your timeline, not on a headline. What the data says today: Allendale, NJ is a strong seller's market with 2.6 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Allendale, NJ
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Allendale
Nearby markets
Get the Allendale market brief
Get the Allendale, NJ market brief
One email: what homes are actually clearing at around $1.13M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.