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Featured local agent — Strathmore, NJ
Sarah Mitchell
Compass Real Estate · Strathmore, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Strathmore, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$720,000median sale price
How is the Strathmore, NJ housing market right now?
The median home sale price in Strathmore, NJ is $720,000, down 2.4% year-over-year. Homes sell in an average of 22 days with 12 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 Strathmore a buyer's or seller's market?
Strathmore, NJ is currently a seller's market, based on 2.4 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
22
Average pace
Active listings
12
2.4 months supply
Sale-to-list
101.0%
Above asking
What does the Strathmore housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $720,000 |
| Median list price | $682,500 |
| Year-over-year price change | -2.4% |
| Average days on market | 22 days |
| Active inventory | 12 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $351/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Strathmore by property type?
How the Strathmore, 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 | $745,000 | $360/sq ft | 4 | 17 days |
| Condo / Co-op | $499,900 | $280/sq ft | 1 | 228 days |
Source: Redfin · Updated monthly
The Strathmore housing market is currently classified as a seller's market with a median sale price of $720,000. Prices have fallen 2.4% compared to last year, with homes spending an average of 22 days on market, indicating 2.4 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 Strathmore
There are currently 12 homes listed for sale in Strathmore, New Jersey. The median listing price is $683K.
Active listings
12
Homes on market
Median list price
$683K
Avg. days on market
22
Days until sale
New this week
12
Newly listed
Who lives in Strathmore?
Population
6,593
Median income
$155,048/yr
Median age
42.8 years
Owner-occupied
88.2%
College grads
65.3%
Avg commute
38.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Strathmore?
Strathmore is a community of approximately 7K residents with a median age of 42.8 years.The median household income is $155,048, which reflects a relatively affluent area with strong earning potential. 65.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Strathmore offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Strathmore, NJ?
Want a head-to-head view? Compare Strathmore side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Strathmore?
The median home sale price in Strathmore is $720,000, down 2.4% from last year.
How long do homes stay on market in Strathmore?
Homes typically spend 22 days on market before going under contract.
What is the median income in Strathmore?
The median household income is $155,048 per year.
Is Strathmore a buyer's or seller's market?
With 2.4 months of supply, Strathmore is currently a seller's market.
What is the median condo price in Strathmore?
The median condo/co-op sale price in Strathmore, NJ is $499,900, compared to $745,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Strathmore?
The median single-family home price in Strathmore, NJ is $745,000 (about $360 per square foot).
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