Fanwood, NJ

Seller's market-26.0% YoY

Housing market overview · Updated weekly

$650,000median sale price

Homes sold

3

Last 12 weeks

Days on market

22

Average pace

Active listings

11

3.7 months supply

Sale-to-list

108.2%

Above asking

The Fanwood housing market is currently classified as a seller's market with a median sale price of $650,000. Prices have fallen 26.0% compared to last year, with homes spending an average of 22 days on market, indicating 3.7 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 Fanwood

There are currently 11 homes listed for sale in Fanwood, New Jersey. The median listing price is $748K.

Active listings

11

Homes on market

Median list price

$748K

Avg. days on market

22

Days until sale

New this week

10

Newly listed

Price drops:9.1%of listings
Sale-to-list:108.2%

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Frequently asked questions

What is the average home price in Fanwood?

The median home sale price in Fanwood is $650,000, down 26.0% from last year.

How long do homes stay on market in Fanwood?

Homes typically spend 22 days on market before going under contract.

Is Fanwood a buyer's or seller's market?

With 3.7 months of supply, Fanwood is currently a seller's market.

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