Fort Lee, NJ

Buyer's market+3.7% YoY

Housing market overview · Updated weekly

$392,500median sale price

Homes sold

38

Last 12 weeks

Days on market

121

Average pace

Active listings

216

5.7 months supply

Sale-to-list

98.2%

Below asking

The Fort Lee housing market is currently classified as a buyer's market with a median sale price of $392,500. Prices have risen 3.7% compared to last year, with homes spending an average of 121 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Fort Lee

There are currently 216 homes listed for sale in Fort Lee, New Jersey. The median listing price is $395K.

Active listings

216

Homes on market

Median list price

$395K

Avg. days on market

121

Days until sale

New this week

43

Newly listed

Price drops:8.3%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Fort Lee?

The median home sale price in Fort Lee is $392,500, up 3.7% from last year.

How long do homes stay on market in Fort Lee?

Homes typically spend 121 days on market before going under contract.

Is Fort Lee a buyer's or seller's market?

With 5.7 months of supply, Fort Lee is currently a buyer's market.

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