Watchung, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Watchung, NJ is $969,500, down 34.3% year-over-year. Homes sell in an average of 13 days with 10 active listings. The market is currently a seller's market.
$969,500median sale price
Is Watchung a buyer's or seller's market?
Watchung, NJ is currently a seller's market, based on 2.5 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
13
Fast-moving
Active listings
10
2.5 months supply
Sale-to-list
96.9%
Below asking
Watchung, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $969,500 |
| Median list price | $1.48M |
| Year-over-year price change | -34.3% |
| Average days on market | 13 days |
| Active inventory | 10 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 96.9% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Watchung housing market is currently classified as a seller's market with a median sale price of $969,500. Prices have fallen 34.3% compared to last year, with homes spending an average of 13 days on market, indicating 2.5 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 Watchung
There are currently 10 homes listed for sale in Watchung, New Jersey. The median listing price is $1.5M.
Active listings
10
Homes on market
Median list price
$1.5M
Avg. days on market
13
Days until sale
New this week
4
Newly listed
Top public schools in Watchung
2 schools tracked · 674 students
The largest public schools serving Watchung, 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.
Bayberry School
Grades PK-4 · 398 students
Valley View School
Grades 5-8 · 276 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Watchung?
The median home sale price in Watchung is $969,500, down 34.3% from last year.
How long do homes stay on market in Watchung?
Homes typically spend 13 days on market before going under contract.
Is Watchung a buyer's or seller's market?
With 2.5 months of supply, Watchung is currently a seller's market.
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