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Featured local agent — Closter, NJ
Sarah Mitchell
Compass Real Estate · Closter, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Closter, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.63Mmedian sale price
How is the Closter, NJ housing market right now?
The median home sale price in Closter, NJ is $1.63M, up 5.2% year-over-year. Homes sell in an average of 98 days with 32 active listings. The market is currently a 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 Closter a buyer's or seller's market?
Closter, NJ is currently a seller's market, based on 1.9 months of supply and homes selling in about 98 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
98
Average pace
Active listings
32
1.9 months supply
Sale-to-list
100.2%
Above asking
What does the Closter housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.63M |
| Median list price | $1.13M |
| Year-over-year price change | +5.2% |
| Average days on market | 98 days |
| Active inventory | 32 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $560/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 6 |
| Listings with a price cut | 12.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Closter by property type?
How the Closter, 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 | $1.05M | $560/sq ft | 13 | 77 days |
| Townhouse | $1.68M | — | 4 | 276 days |
Source: Redfin · Updated monthly
The Closter housing market is currently classified as a seller's market with a median sale price of $1.63M. Prices have risen 5.2% compared to last year, with homes spending an average of 98 days on market, indicating 1.9 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 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in Closter
There are currently 32 homes listed for sale in Closter, New Jersey. The median listing price is $1.1M.
Active listings
32
Homes on market
Median list price
$1.1M
Avg. days on market
98
Days until sale
New this week
6
Newly listed
Who lives in Closter?
Population
8,544
Median income
$187,500/yr
Median age
40.3 years
Owner-occupied
82.0%
College grads
66.2%
Avg commute
33.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Closter?
Zillow home value
$1.21M
Zillow rent index
$5,333/mo
Price-to-rent ratio
18.9x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in Closter?
Closter is a community of approximately 9K residents with a median age of 40.3 years.The median household income is $187,500, which reflects a relatively affluent area with strong earning potential. 66.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Closter offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Closter?
2 schools tracked · 1,190 students
The largest public schools serving Closter, 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.
Hillside Elementary School
Grades PK-4 · 620 students
Tenakill Middle School
Grades 5-8 · 570 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 Closter, NJ?
Want a head-to-head view? Compare Closter side-by-side with any other U.S. city using our market-comparison tool.
Is Closter a good real estate investment market?
For investors evaluating Closter, the price-to-rent ratio of 18.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.2% 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 Closter's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Closter's median home price.
Frequently asked questions
What is the average home price in Closter?
The median home sale price in Closter is $1.63M, up 5.2% from last year.
How long do homes stay on market in Closter?
Homes typically spend 98 days on market before going under contract.
What is the median income in Closter?
The median household income is $187,500 per year.
Is Closter a buyer's or seller's market?
With 1.9 months of supply, Closter is currently a seller's market.
What is the Zillow home value estimate for Closter?
The Zillow Home Value Index (ZHVI) for Closter is $1.21M, representing the typical home value in the area.
How much does a single-family home cost in Closter?
The median single-family home price in Closter, NJ is $1.05M (about $560 per square foot).
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