River Edge, NJ
Housing market overview · Updated weekly
$1.28Mmedian sale price
Homes sold
4
Last 12 weeks
Days on market
123
Average pace
Active listings
21
5.3 months supply
Sale-to-list
99.2%
Below asking
The River Edge housing market is currently classified as a buyer's market with a median sale price of $1.28M. Prices have risen 69.2% compared to last year, with homes spending an average of 123 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in River Edge
There are currently 21 homes listed for sale in River Edge, New Jersey. The median listing price is $785K.
Active listings
21
Homes on market
Median list price
$785K
Avg. days on market
123
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in River Edge?
The median home sale price in River Edge is $1.28M, up 69.2% from last year.
How long do homes stay on market in River Edge?
Homes typically spend 123 days on market before going under contract.
Is River Edge a buyer's or seller's market?
With 5.3 months of supply, River Edge is currently a buyer's market.
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