Brokers — List your Company Here
Featured local agent — Tenafly, NJ
Sarah Mitchell
Compass Real Estate · Tenafly, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Tenafly, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.43Mmedian sale price
How is the Tenafly, NJ housing market right now?
The median home sale price in Tenafly, NJ is $1.43M, down 28.7% year-over-year. Homes sell in an average of 56 days with 55 active listings. The market is currently a balanced 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 Tenafly a buyer's or seller's market?
Tenafly, NJ is currently a balanced market, based on 6.1 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
56
Average pace
Active listings
55
6.1 months supply
Sale-to-list
109.1%
Above asking
What does the Tenafly housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.43M |
| Median list price | $1.50M |
| Year-over-year price change | -28.7% |
| Average days on market | 56 days |
| Active inventory | 55 listings |
| Months of supply | 6.1 months |
| Sale-to-list price ratio | 109.1% |
| Median price per sq ft | $694/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 17 |
| Listings with a price cut | 7.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Tenafly by property type?
How the Tenafly, 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 | $1.43M | $694/sq ft | 9 | 56 days |
| Condo / Co-op | $359,000 | — | 1 | 42 days |
| Townhouse | $1.39M | $496/sq ft | 2 | 32 days |
Source: Redfin · Updated monthly
The Tenafly housing market is currently classified as a balanced market with a median sale price of $1.43M. Prices have fallen 28.7% compared to last year, with homes spending an average of 56 days on market, indicating 6.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in Tenafly
There are currently 55 homes listed for sale in Tenafly, New Jersey. The median listing price is $1.5M.
Active listings
55
Homes on market
Median list price
$1.5M
Avg. days on market
56
Days until sale
New this week
17
Newly listed
Who lives in Tenafly?
Population
15,252
Median income
$208,088/yr
Median age
42.1 years
Owner-occupied
72.2%
College grads
79.2%
Avg commute
41.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Tenafly?
Zillow home value
$1.34M
Zillow rent index
$5,137/mo
Price-to-rent ratio
21.8x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in Tenafly?
Tenafly is a community of approximately 15K residents with a median age of 42.1 years.The median household income is $208,088, which reflects a relatively affluent area with strong earning potential. 79.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 41.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Tenafly offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tenafly?
6 schools tracked · 3,422 students
The largest public schools serving Tenafly, 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.
Tenafly High School
Grades 9-12 · 1,166 students
Tenafly Middle School
Grades 6-8 · 924 students
Ralph S Maugham School
Grades K-5 · 354 students
Malcolm S Mackay School
Grades K-5 · 341 students
Walter Stillman School
Grades PK-5 · 325 students
J Spencer Smith School
Grades K-5 · 312 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 Tenafly, NJ?
Want a head-to-head view? Compare Tenafly side-by-side with any other U.S. city using our market-comparison tool.
Is Tenafly a good real estate investment market?
For investors evaluating Tenafly, the price-to-rent ratio of 21.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 28.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Tenafly's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tenafly's median home price.
Frequently asked questions
What is the average home price in Tenafly?
The median home sale price in Tenafly is $1.43M, down 28.7% from last year.
How long do homes stay on market in Tenafly?
Homes typically spend 56 days on market before going under contract.
What is the median income in Tenafly?
The median household income is $208,088 per year.
Is Tenafly a buyer's or seller's market?
With 6.1 months of supply, Tenafly is currently a balanced market.
What is the Zillow home value estimate for Tenafly?
The Zillow Home Value Index (ZHVI) for Tenafly is $1.34M, representing the typical home value in the area.
What is the median condo price in Tenafly?
The median condo/co-op sale price in Tenafly, NJ is $359,000, compared to $1.43M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tenafly?
The median single-family home price in Tenafly, NJ is $1.43M (about $694 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Tenafly, NJ
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Tenafly market alerts
Weekly updates on prices, inventory, and trends. Free forever.