Cedar Knolls, NJ

Strong seller's market-54.5% YoY

Housing market overview · Updated weekly

$500,500median sale price

Homes sold

2

Last 12 weeks

Days on market

21

Average pace

Active listings

1

0.5 months supply

Sale-to-list

102.8%

Above asking

The Cedar Knolls housing market is currently classified as a strong seller's market with a median sale price of $500,500. Prices have fallen 54.5% compared to last year, with homes spending an average of 21 days on market, indicating 0.5 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 Cedar Knolls

There are currently 1 homes listed for sale in Cedar Knolls, New Jersey. The median listing price is $674K.

Active listings

1

Homes on market

Median list price

$674K

Avg. days on market

21

Days until sale

New this week

2

Newly listed

Sale-to-list:102.8%

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Frequently asked questions

What is the average home price in Cedar Knolls?

The median home sale price in Cedar Knolls is $500,500, down 54.5% from last year.

How long do homes stay on market in Cedar Knolls?

Homes typically spend 21 days on market before going under contract.

Is Cedar Knolls a buyer's or seller's market?

With 0.5 months of supply, Cedar Knolls is currently a strong seller's market.

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