Old Tappan, NJ

Leaning buyer's-65.0% YoY

Housing market overview · Updated weekly

$725,000median sale price

Homes sold

1

Last 12 weeks

Days on market

45

Average pace

Active listings

17

17.0 months supply

Sale-to-list

101.4%

Above asking

The Old Tappan housing market is currently classified as a leaning buyer's with a median sale price of $725,000. Prices have fallen 65.0% compared to last year, with homes spending an average of 45 days on market, indicating 17.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Old Tappan

There are currently 17 homes listed for sale in Old Tappan, New Jersey. The median listing price is $1.1M.

Active listings

17

Homes on market

Median list price

$1.1M

Avg. days on market

45

Days until sale

New this week

4

Newly listed

Price drops:5.9%of listings
Sale-to-list:101.4%

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Frequently asked questions

What is the average home price in Old Tappan?

The median home sale price in Old Tappan is $725,000, down 65.0% from last year.

How long do homes stay on market in Old Tappan?

Homes typically spend 45 days on market before going under contract.

Is Old Tappan a buyer's or seller's market?

With 17.0 months of supply, Old Tappan is currently a leaning buyer's.

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