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Featured local agent — Nutley, NJ
Sarah Mitchell
Compass Real Estate · Nutley, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nutley, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$735,000median sale price
How is the Nutley, NJ housing market right now?
The median home sale price in Nutley, NJ is $735,000, up 8.5% year-over-year. Homes sell in an average of 20 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 Nutley a buyer's or seller's market?
Nutley, NJ is currently a strong seller's market, based on 2.1 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
20
Fast-moving
Active listings
60
2.1 months supply
Sale-to-list
108.3%
Above asking
What does the Nutley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $735,000 |
| Median list price | $749,000 |
| Year-over-year price change | +8.5% |
| Average days on market | 20 days |
| Active inventory | 60 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 108.3% |
| Median price per sq ft | $416/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 39 |
| Listings with a price cut | 10.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Nutley by property type?
How the Nutley, 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 | $710,000 | $458/sq ft | 19 | 17 days |
| Condo / Co-op | $345,000 | $343/sq ft | 5 | 63 days |
| Townhouse | $640,000 | $434/sq ft | 1 | 89 days |
Source: Redfin · Updated monthly
The Nutley housing market is currently classified as a strong seller's market with a median sale price of $735,000. Prices have risen 8.5% compared to last year, with homes spending an average of 20 days on market, indicating 2.1 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 Nutley
There are currently 60 homes listed for sale in Nutley, New Jersey. The median listing price is $749K.
Active listings
60
Homes on market
Median list price
$749K
Avg. days on market
20
Days until sale
New this week
39
Newly listed
What are homes worth in Nutley?
Zillow home value
$670,887
Zillow rent index
$2,183/mo
Price-to-rent ratio
25.6x
Source: Zillow Research
Which public schools serve Nutley?
7 schools tracked · 4,222 students
The largest public schools serving Nutley, 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.
Nutley High School
Grades 9-12 · 1,190 students
John H. Walker Middle School
Grades 7-8 · 625 students
Spring Garden School
Grades PK-6 · 553 students
Washington School
Grades PK-6 · 540 students
Yantacaw School
Grades K-6 · 518 students
Lincoln School
Grades PK-6 · 447 students
Radcliffe School
Grades PK-6 · 349 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 Nutley, NJ?
Want a head-to-head view? Compare Nutley side-by-side with any other U.S. city using our market-comparison tool.
Is Nutley a good real estate investment market?
For investors evaluating Nutley, the price-to-rent ratio of 25.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Nutley's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Nutley's median home price.
Frequently asked questions
What is the average home price in Nutley?
The median home sale price in Nutley is $735,000, up 8.5% from last year.
How long do homes stay on market in Nutley?
Homes typically spend 20 days on market before going under contract.
Is Nutley a buyer's or seller's market?
With 2.1 months of supply, Nutley is currently a strong seller's market.
What is the Zillow home value estimate for Nutley?
The Zillow Home Value Index (ZHVI) for Nutley is $670,887, representing the typical home value in the area.
What is the median condo price in Nutley?
The median condo/co-op sale price in Nutley, NJ is $345,000, compared to $710,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Nutley?
The median single-family home price in Nutley, NJ is $710,000 (about $458 per square foot).
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