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Featured local agent — Montclair, NJ
Sarah Mitchell
Compass Real Estate · Montclair, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montclair, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.38Mmedian sale price
How is the Montclair, NJ housing market right now?
The median home sale price in Montclair, NJ is $1.38M, down 7.4% year-over-year. Homes sell in an average of 14 days with 60 active listings. The market is currently a strong 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 Montclair a buyer's or seller's market?
Montclair, NJ is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
14
Fast-moving
Active listings
60
1.6 months supply
Sale-to-list
128.7%
Above asking
What does the Montclair housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.38M |
| Median list price | $1.15M |
| Year-over-year price change | -7.4% |
| Average days on market | 14 days |
| Active inventory | 60 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 128.7% |
| Median price per sq ft | $645/sq ft |
| Homes sold (latest month) | 37 |
| New listings (latest month) | 53 |
| Listings with a price cut | 15.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Montclair by property type?
How the Montclair, 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 | $1.51M | $667/sq ft | 30 | 14 days |
| Condo / Co-op | $385,000 | $543/sq ft | 5 | 67 days |
Source: Redfin · Updated monthly
The Montclair housing market is currently classified as a strong seller's market with a median sale price of $1.38M. Prices have fallen 7.4% compared to last year, with homes spending an average of 14 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Montclair
There are currently 60 homes listed for sale in Montclair, New Jersey. The median listing price is $1.1M.
Active listings
60
Homes on market
Median list price
$1.1M
Avg. days on market
14
Days until sale
New this week
53
Newly listed
What are homes worth in Montclair?
Zillow home value
$1.20M
Zillow rent index
$3,021/mo
Price-to-rent ratio
33.2x
Source: Zillow Research
Which public schools serve Montclair?
8 schools tracked · 4,744 students
The largest public schools serving Montclair, 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.
Montclair High School
Grades 9-12 · 1,961 students
Hillside Elementary School
Grades 3-5 · 581 students
Glenfield Middle School
Grades 6-8 · 521 students
Charles H. Bullock School
Grades K-5 · 428 students
Nishuane Elementary School
Grades PK-2 · 412 students
Watchung Elementary School
Grades K-5 · 385 students
Edgemont Elementary School
Grades K-5 · 255 students
Renaissance Middle School at the Rand Building
Grades 6-8 · 201 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 Montclair, NJ?
Want a head-to-head view? Compare Montclair side-by-side with any other U.S. city using our market-comparison tool.
Is Montclair a good real estate investment market?
For investors evaluating Montclair, the price-to-rent ratio of 33.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 7.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Montclair's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Montclair's median home price.
Frequently asked questions
What is the average home price in Montclair?
The median home sale price in Montclair is $1.38M, down 7.4% from last year.
How long do homes stay on market in Montclair?
Homes typically spend 14 days on market before going under contract.
Is Montclair a buyer's or seller's market?
With 1.6 months of supply, Montclair is currently a strong seller's market.
What is the Zillow home value estimate for Montclair?
The Zillow Home Value Index (ZHVI) for Montclair is $1.20M, representing the typical home value in the area.
What is the median condo price in Montclair?
The median condo/co-op sale price in Montclair, NJ is $385,000, compared to $1.51M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Montclair?
The median single-family home price in Montclair, NJ is $1.51M (about $667 per square foot).
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