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Featured local agent — Totowa, NJ
Sarah Mitchell
Compass Real Estate · Totowa, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Totowa, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$825,000median sale price
How is the Totowa, NJ housing market right now?
The median home sale price in Totowa, NJ is $825,000, up 14.6% year-over-year. Homes sell in an average of 18 days with 17 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 Totowa a buyer's or seller's market?
Totowa, NJ is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
18
Fast-moving
Active listings
17
2.4 months supply
Sale-to-list
104.0%
Above asking
What does the Totowa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $825,000 |
| Median list price | $739,000 |
| Year-over-year price change | +14.6% |
| Average days on market | 18 days |
| Active inventory | 17 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 104.0% |
| Median price per sq ft | $409/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 12 |
| Listings with a price cut | 23.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Totowa by property type?
How the Totowa, 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 | $825,000 | $409/sq ft | 7 | 18 days |
| Condo / Co-op | $750,000 | $308/sq ft | 1 | 53 days |
| Townhouse | $890,000 | $328/sq ft | 1 | 108 days |
Source: Redfin · Updated monthly
The Totowa housing market is currently classified as a strong seller's market with a median sale price of $825,000. Prices have risen 14.6% compared to last year, with homes spending an average of 18 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.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Totowa
There are currently 17 homes listed for sale in Totowa, New Jersey. The median listing price is $739K.
Active listings
17
Homes on market
Median list price
$739K
Avg. days on market
18
Days until sale
New this week
12
Newly listed
Who lives in Totowa?
Population
10,919
Median income
$114,177/yr
Median age
43.1 years
Owner-occupied
76.1%
College grads
37.9%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Totowa?
Zillow home value
$673,456
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Totowa?
Totowa is a community of approximately 11K residents with a median age of 43.1 years.The median household income is $114,177, which reflects a relatively affluent area with strong earning potential. 37.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Totowa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Totowa?
3 schools tracked · 916 students
The largest public schools serving Totowa, 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.
Washington Park School
Grades 4-8 · 491 students
Memorial School
Grades PK-3 · 425 students
Passaic Regional School
Grades 3-12
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 Totowa, NJ?
Want a head-to-head view? Compare Totowa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Totowa?
The median home sale price in Totowa is $825,000, up 14.6% from last year.
How long do homes stay on market in Totowa?
Homes typically spend 18 days on market before going under contract.
What is the median income in Totowa?
The median household income is $114,177 per year.
Is Totowa a buyer's or seller's market?
With 2.4 months of supply, Totowa is currently a strong seller's market.
What is the Zillow home value estimate for Totowa?
The Zillow Home Value Index (ZHVI) for Totowa is $673,456, representing the typical home value in the area.
What is the median condo price in Totowa?
The median condo/co-op sale price in Totowa, NJ is $750,000, compared to $825,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Totowa?
The median single-family home price in Totowa, NJ is $825,000 (about $409 per square foot).
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