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Featured local agent — Boonton, NJ
Sarah Mitchell
Compass Real Estate · Boonton, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Boonton, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$749,000median sale price
How is the Boonton, NJ housing market right now?
The median home sale price in Boonton, NJ is $749,000, up 0.7% year-over-year. Homes sell in an average of 24 days with 15 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Boonton a buyer's or seller's market?
Boonton, NJ is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
24
Average pace
Active listings
15
1.7 months supply
Sale-to-list
102.3%
Above asking
What does the Boonton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $749,000 |
| Median list price | $704,000 |
| Year-over-year price change | +0.7% |
| Average days on market | 24 days |
| Active inventory | 15 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $318/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 12 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Boonton by property type?
How the Boonton, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $676,000 | $355/sq ft | 5 | 67 days |
Source: Redfin · Updated monthly
The Boonton housing market is currently classified as a strong seller's market with a median sale price of $749,000. Prices have risen 0.7% compared to last year, with homes spending an average of 24 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Boonton
There are currently 15 homes listed for sale in Boonton, New Jersey. The median listing price is $704K.
Active listings
15
Homes on market
Median list price
$704K
Avg. days on market
24
Days until sale
New this week
12
Newly listed
Who lives in Boonton?
Population
8,803
Median income
$100,417/yr
Median age
40.2 years
Owner-occupied
56.8%
College grads
48.6%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Boonton?
Zillow home value
$689,276
Zillow rent index
$2,963/mo
Price-to-rent ratio
19.4x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Boonton?
Boonton is a community of approximately 9K residents with a median age of 40.2 years.The median household income is $100,417, which reflects a relatively affluent area with strong earning potential. 48.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 56.8%, showing a blend of owner and renter-occupied properties. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Boonton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Boonton?
4 schools tracked · 1,795 students
The largest public schools serving Boonton, 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.
Boonton High School
Grades 9-12 · 656 students
John Hill School
Grades 3-8 · 546 students
School Street School
Grades PK-2 · 317 students
Intervale Elementary School
Grades K-5 · 276 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 Boonton, NJ?
Want a head-to-head view? Compare Boonton side-by-side with any other U.S. city using our market-comparison tool.
Is Boonton a good real estate investment market?
For investors evaluating Boonton, the price-to-rent ratio of 19.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Boonton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Boonton's median home price.
Frequently asked questions
What is the average home price in Boonton?
The median home sale price in Boonton is $749,000, up 0.7% from last year.
How long do homes stay on market in Boonton?
Homes typically spend 24 days on market before going under contract.
What is the median income in Boonton?
The median household income is $100,417 per year.
Is Boonton a buyer's or seller's market?
With 1.7 months of supply, Boonton is currently a strong seller's market.
What is the Zillow home value estimate for Boonton?
The Zillow Home Value Index (ZHVI) for Boonton is $689,276, representing the typical home value in the area.
How much does a single-family home cost in Boonton?
The median single-family home price in Boonton, NJ is $676,000 (about $355 per square foot).
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