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Featured local agent — Montville, NJ
Sarah Mitchell
Compass Real Estate · Montville, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montville, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$766,250median sale price
How is the Montville, NJ housing market right now?
The median home sale price in Montville, NJ is $766,250, down 13.7% year-over-year. Homes sell in an average of 16 days with 52 active listings. The market is currently a 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 Montville a buyer's or seller's market?
Montville, NJ is currently a seller's market, based on 4.3 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
16
Fast-moving
Active listings
52
4.3 months supply
Sale-to-list
105.2%
Above asking
What does the Montville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $766,250 |
| Median list price | $699,900 |
| Year-over-year price change | -13.7% |
| Average days on market | 16 days |
| Active inventory | 52 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 105.2% |
| Median price per sq ft | $399/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 34 |
| Listings with a price cut | 13.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Montville by property type?
How the Montville, 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 | $802,500 | $399/sq ft | 10 | 16 days |
| Condo / Co-op | $555,000 | — | 2 | 109 days |
| Townhouse | $578,500 | $329/sq ft | 1 | 53 days |
Source: Redfin · Updated monthly
The Montville housing market is currently classified as a seller's market with a median sale price of $766,250. Prices have fallen 13.7% compared to last year, with homes spending an average of 16 days on market, indicating 4.3 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 Montville
There are currently 52 homes listed for sale in Montville, New Jersey. The median listing price is $700K.
Active listings
52
Homes on market
Median list price
$700K
Avg. days on market
16
Days until sale
New this week
34
Newly listed
What are homes worth in Montville?
Zillow rent index
$3,000/mo
Source: Zillow Research
Which public schools serve Montville?
3 schools tracked · 2,122 students
The largest public schools serving Montville, 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.
Montville Township High School
Grades 9-12 · 1,081 students
Robert R Lazar Middle School
Grades 6-8 · 751 students
William Mason School
Grades K-5 · 290 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 Montville, NJ?
Want a head-to-head view? Compare Montville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Montville?
The median home sale price in Montville is $766,250, down 13.7% from last year.
How long do homes stay on market in Montville?
Homes typically spend 16 days on market before going under contract.
Is Montville a buyer's or seller's market?
With 4.3 months of supply, Montville is currently a seller's market.
What is the median condo price in Montville?
The median condo/co-op sale price in Montville, NJ is $555,000, compared to $802,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Montville?
The median single-family home price in Montville, NJ is $802,500 (about $399 per square foot).
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