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Featured local agent — Fair Lawn, NJ
Sarah Mitchell
Compass Real Estate · Fair Lawn, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fair Lawn, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$715,000median sale price
How is the Fair Lawn, NJ housing market right now?
The median home sale price in Fair Lawn, NJ is $715,000, up 20.2% year-over-year. Homes sell in an average of 63 days with 65 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 Fair Lawn a buyer's or seller's market?
Fair Lawn, NJ is currently a seller's market, based on 2.6 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
63
Average pace
Active listings
65
2.6 months supply
Sale-to-list
103.1%
Above asking
What does the Fair Lawn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $715,000 |
| Median list price | $739,450 |
| Year-over-year price change | +20.2% |
| Average days on market | 63 days |
| Active inventory | 65 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 103.1% |
| Median price per sq ft | $462/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 28 |
| Listings with a price cut | 10.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fair Lawn by property type?
How the Fair Lawn, 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 | $765,000 | $458/sq ft | 21 | 60 days |
| Condo / Co-op | $275,000 | — | 2 | 80 days |
| Townhouse | $874,750 | $470/sq ft | 2 | 52 days |
Source: Redfin · Updated monthly
The Fair Lawn housing market is currently classified as a seller's market with a median sale price of $715,000. Prices have risen 20.2% compared to last year, with homes spending an average of 63 days on market, indicating 2.6 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Fair Lawn
There are currently 65 homes listed for sale in Fair Lawn, New Jersey. The median listing price is $739K.
Active listings
65
Homes on market
Median list price
$739K
Avg. days on market
63
Days until sale
New this week
28
Newly listed
Who lives in Fair Lawn?
Population
35,153
Median income
$147,952/yr
Median age
39.2 years
Owner-occupied
79.3%
College grads
64.2%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Fair Lawn?
Zillow home value
$733,537
Zillow rent index
$3,772/mo
Price-to-rent ratio
16.2x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Fair Lawn?
Fair Lawn is a community of approximately 35K residents with a median age of 39.2 years.The median household income is $147,952, which reflects a relatively affluent area with strong earning potential. 64.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Fair Lawn offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fair Lawn?
9 schools tracked · 5,501 students
The largest public schools serving Fair Lawn, 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.
Fair Lawn High School
Grades 9-12 · 1,644 students
Thomas Jefferson Middle School
Grades 5-8 · 1,145 students
Memorial Middle School
Grades 5-8 · 646 students
Radburn Elementary School
Grades K-4 · 422 students
Westmoreland Elementary School
Grades PK-4 · 399 students
Warren Point Elementary School
Grades K-4 · 397 students
Henry B. Milnes Elementary School
Grades K-4 · 390 students
John A. Forrest Elementary School
Grades K-4 · 261 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 Fair Lawn, NJ?
Want a head-to-head view? Compare Fair Lawn side-by-side with any other U.S. city using our market-comparison tool.
Is Fair Lawn a good real estate investment market?
For investors evaluating Fair Lawn, the price-to-rent ratio of 16.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 20.2% 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 Fair Lawn's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fair Lawn's median home price.
Frequently asked questions
What is the average home price in Fair Lawn?
The median home sale price in Fair Lawn is $715,000, up 20.2% from last year.
How long do homes stay on market in Fair Lawn?
Homes typically spend 63 days on market before going under contract.
What is the median income in Fair Lawn?
The median household income is $147,952 per year.
Is Fair Lawn a buyer's or seller's market?
With 2.6 months of supply, Fair Lawn is currently a seller's market.
What is the Zillow home value estimate for Fair Lawn?
The Zillow Home Value Index (ZHVI) for Fair Lawn is $733,537, representing the typical home value in the area.
What is the median condo price in Fair Lawn?
The median condo/co-op sale price in Fair Lawn, NJ is $275,000, compared to $765,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fair Lawn?
The median single-family home price in Fair Lawn, NJ is $765,000 (about $458 per square foot).
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