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Sarah Mitchell

CNESRESABR

Compass Real Estate · Closter, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Closter, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Closter, NJ Housing Market & Real Estate

Seller's market+5.2% YoY

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?

Seller's market1.9 months of supply98 avg. days on 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?

Current housing market statistics for Closter, NJ
MetricValue
Median sale price$1.63M
Median list price$1.13M
Year-over-year price change+5.2%
Average days on market98 days
Active inventory32 listings
Months of supply1.9 months
Sale-to-list price ratio100.2%
Median price per sq ft$560/sq ft
Homes sold (latest month)17
New listings (latest month)6
Listings with a price cut12.5%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Closter, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.05M$560/sq ft1377 days
Townhouse$1.68M4276 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

Price drops:12.5%of listings
Sale-to-list:100.2%

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

Public

Tenakill Middle School

Grades 5-8 · 570 students

Public

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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