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Featured local agent — Far Hills, NJ
Sarah Mitchell
Compass Real Estate · Far Hills, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Far Hills, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$758,750median sale price
How is the Far Hills, NJ housing market right now?
The median home sale price in Far Hills, NJ is $758,750. Homes sell in an average of 93 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Far Hills a buyer's or seller's market?
Far Hills, NJ is currently a seller's market, based on 1.0 months of supply and homes selling in about 93 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
93
Average pace
Active listings
2
1.0 months supply
Sale-to-list
101.6%
Above asking
What does the Far Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $758,750 |
| Median list price | $749,900 |
| Average days on market | 93 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $355/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Far Hills by property type?
How the Far Hills, 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 | $758,750 | $355/sq ft | 2 | 93 days |
| Condo / Co-op | $785,000 | $351/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Far Hills housing market is currently classified as a seller's market with a median sale price of $758,750. Prices have fallen 0.0% compared to last year, with homes spending an average of 93 days on market, indicating 1.0 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 9.2x provides context for how home values compare to local earning capacity.
Homes for sale in Far Hills
There are currently 2 homes listed for sale in Far Hills, New Jersey. The median listing price is $750K.
Active listings
2
Homes on market
Median list price
$750K
Avg. days on market
93
Days until sale
New this week
1
Newly listed
Who lives in Far Hills?
Population
1,004
Median income
$152,188/yr
Median age
49.7 years
Owner-occupied
82.7%
College grads
59.2%
Avg commute
32.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Far Hills?
Zillow home value
$1.40M
Price-to-income
9.2x
Source: Zillow Research
What is it like to live in Far Hills?
Far Hills is a community of approximately 1K residents with a median age of 49.7 years.The median household income is $152,188, which reflects a relatively affluent area with strong earning potential. 59.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Far Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Far Hills, NJ?
Want a head-to-head view? Compare Far Hills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Far Hills?
The median home sale price in Far Hills is $758,750, down 0.0% from last year.
How long do homes stay on market in Far Hills?
Homes typically spend 93 days on market before going under contract.
What is the median income in Far Hills?
The median household income is $152,188 per year.
Is Far Hills a buyer's or seller's market?
With 1.0 months of supply, Far Hills is currently a seller's market.
What is the Zillow home value estimate for Far Hills?
The Zillow Home Value Index (ZHVI) for Far Hills is $1.40M, representing the typical home value in the area.
What is the median condo price in Far Hills?
The median condo/co-op sale price in Far Hills, NJ is $785,000, compared to $758,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Far Hills?
The median single-family home price in Far Hills, NJ is $758,750 (about $355 per square foot).
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