Fair Lawn, NJ Housing Market & Real Estate

Seller's market-10.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Fair Lawn, NJ is $640,000, down 10.7% year-over-year. Homes sell in an average of 82 days with 34 active listings. The market is currently a seller's market.

$640,000median sale price

Is Fair Lawn a buyer's or seller's market?

Seller's market1.8 months of supply82 avg. days on market

Fair Lawn, NJ is currently a seller's market, based on 1.8 months of supply and homes selling in about 82 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

82

Average pace

Active listings

34

1.8 months supply

Sale-to-list

102.4%

Above asking

Fair Lawn, NJ market data

Current housing market statistics for Fair Lawn, NJ
MetricValue
Median sale price$640,000
Median list price$699,000
Year-over-year price change-10.7%
Average days on market82 days
Active inventory34 listings
Months of supply1.8 months
Sale-to-list price ratio102.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Fair Lawn housing market is currently classified as a seller's market with a median sale price of $640,000. Prices have fallen 10.7% compared to last year, with homes spending an average of 82 days on market, indicating 1.8 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 Fair Lawn

There are currently 34 homes listed for sale in Fair Lawn, New Jersey. The median listing price is $699K.

Active listings

34

Homes on market

Median list price

$699K

Avg. days on market

82

Days until sale

New this week

11

Newly listed

Price drops:5.9%of listings
Sale-to-list:102.4%

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Frequently asked questions

What is the average home price in Fair Lawn?

The median home sale price in Fair Lawn is $640,000, down 10.7% from last year.

How long do homes stay on market in Fair Lawn?

Homes typically spend 82 days on market before going under contract.

Is Fair Lawn a buyer's or seller's market?

With 1.8 months of supply, Fair Lawn is currently a seller's market.

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