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Featured local agent — New Village, NJ

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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Village, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Village, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Village, NJ Housing Market & Real Estate

Balanced market+61.1% YoY

Housing market overview · Updated monthly ·

$499,450median sale price

How is the New Village, NJ housing market right now?

The median home sale price in New Village, NJ is $499,450, up 61.1% year-over-year. Homes sell in an average of 110 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is New Village a buyer's or seller's market?

Balanced market110 avg. days on market

New Village, NJ is currently a balanced market and homes selling in about 110 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

110

Average pace

Active listings

Sale-to-list

103.8%

Above asking

What does the New Village housing market data show?

Current housing market statistics for New Village, NJ
MetricValue
Median sale price$499,450
Year-over-year price change+61.1%
Average days on market110 days
Sale-to-list price ratio103.8%
Median price per sq ft$348/sq ft
Homes sold (latest month)2
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in New Village by property type?

How the New Village, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Village, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$499,450$348/sq ft2110 days

Source: Redfin · Updated monthly

The New Village housing market is currently classified as a balanced market with a median sale price of $499,450. Prices have risen 61.1% compared to last year, with homes spending an average of 110 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in New Village

Explore homes currently listed for sale in New Village, New Jersey across major real estate platforms.

Sale-to-list:103.8%

Who lives in New Village?

Population

366

Median income

$108,661/yr

Median age

51.8 years

Owner-occupied

89.5%

College grads

22.9%

Avg commute

33.1 min

Source: U.S. Census Bureau ACS

What is it like to live in New Village?

New Village is a community of approximately 0K residents with a median age of 51.8 years.The median household income is $108,661, which reflects a relatively affluent area with strong earning potential. 22.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 89.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Village offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near New Village, NJ?

Want a head-to-head view? Compare New Village side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in New Village?

The median home sale price in New Village is $499,450, up 61.1% from last year.

How long do homes stay on market in New Village?

Homes typically spend 110 days on market before going under contract.

What is the median income in New Village?

The median household income is $108,661 per year.

How much does a single-family home cost in New Village?

The median single-family home price in New Village, NJ is $499,450 (about $348 per square foot).

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