Far Hills, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 49 transactions over the past year in Far Hills. The median value for residential home transactions that occurred over the previous year is $1,440,669.93. The number of current listings in Far Hills is 37, and the percentage of properties for sale in the city is 88.10%. Far Hills, NJ currently has 5 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 37 properties for sale.
Far Hills, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07931 | $ 2,250,000 $ 427/sqft |
Housing Market Summary for Far Hills, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.3M | $1.1M | -16.20% |
| Median Sold Price | $967.1K | $1.1M | 8.57% |
| Homes For Sale | 9 | 37 | 311.11% |
| Homes Sold | 29 | 19 | -34.48% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Far Hills, NJ
Browse Homes in Far Hills, NJ
Far Hills home values range from $130,785 to $7,078,446. The median estimated value of a home in Far Hills is $1,440,669.93. The median list price of a home is 2,237,500, and the total count of properties in the city is 959.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Far Hills, NJ with 07931 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Far Hills, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,481,937 in 07931 to the lowest home value of $790,219 in 07931.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Far Hills, NJ ranges from the highest value of $222,093 in 07931 to the lowest value of $222,093 in 07931. Bank owned homes and properties account for 0.10% of properties in Far Hills, NJ. There is 1 zips within Far Hills, NJ; 07931 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Far Hills, NJ. Auction homes and other auction properties account for 0% of all properties in Far Hills, NJ. There is 1 zips within Far Hills, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.