Boonton, NJ

Balanced market-27.5% YoY

Housing market overview · Updated weekly

$435,000median sale price

Homes sold

3

Last 12 weeks

Days on market

80

Average pace

Active listings

8

2.7 months supply

Sale-to-list

97.7%

Below asking

The Boonton housing market is currently classified as a balanced market with a median sale price of $435,000. Prices have fallen 27.5% compared to last year, with homes spending an average of 80 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Boonton

There are currently 8 homes listed for sale in Boonton, New Jersey. The median listing price is $755K.

Active listings

8

Homes on market

Median list price

$755K

Avg. days on market

80

Days until sale

New this week

4

Newly listed

Price drops:12.5%of listings
Sale-to-list:97.7%

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Frequently asked questions

What is the average home price in Boonton?

The median home sale price in Boonton is $435,000, down 27.5% from last year.

How long do homes stay on market in Boonton?

Homes typically spend 80 days on market before going under contract.

Is Boonton a buyer's or seller's market?

With 2.7 months of supply, Boonton is currently a balanced market.

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