Fort Lee, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Fort Lee, NJ is $392,500, up 3.7% year-over-year. Homes sell in an average of 121 days with 216 active listings. The market is currently a buyer's market.
$392,500median sale price
Is Fort Lee a buyer's or seller's market?
Fort Lee, NJ is currently a buyer's market, based on 5.7 months of supply and homes selling in about 121 days. How we determine this →
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
Fort Lee, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $392,500 |
| Median list price | $395,000 |
| Year-over-year price change | +3.7% |
| Average days on market | 121 days |
| Active inventory | 216 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 98.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
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
Top public schools in Fort Lee
6 schools tracked · 4,036 students
The largest public schools serving Fort Lee, 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.
Lewis F. Cole Middle School
Grades 5-8 · 1,186 students
Fort Lee High School
Grades 9-12 · 1,179 students
School No. 1
Grades K-4 · 546 students
School No. 4
Grades K-4 · 400 students
School No. 2
Grades PK-4 · 375 students
School No. 3
Grades PK-4 · 350 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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