Montague, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 62 transactions over the past year in Montague. The median value for residential home transactions that occurred over the previous year is $328,087.06. The number of current listings in Montague is 23, and the percentage of properties for sale in the city is 51.11%. Montague, NJ currently has 22 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 23 properties for sale.

Montague, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
07827

$ 372,550

$ 243/sqft

Housing Market Summary for Montague, NJ

Mar 2025March 2026Change
Median Listing Price$135K$295.1K118.59%
Median Sold Price$287.2K$295.1K2.75%
Homes For Sale2221000.00%
Homes Sold344326.47%
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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%.

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Recently Sold Homes

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Browse Homes in Montague, NJ

Montague home values range from $152,000 to $994,600. The median estimated value of a home in Montague is $328,087.06. The median list price of a home is 413,500, and the total count of properties in the city is 1,702.

Foreclosure
There is 1 zips within Montague, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $592,700 in 07827 to the lowest value of $162,000 in 07827. Foreclosure homes account for 1.00% of properties in Montague, NJ with 07827 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.18% of all residential properties in Montague, NJ with 07827 containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Montague, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $592,700 in 07827 to the lowest home value of $162,000 in 07827.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Montague, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Montague, NJ. There is 1 zips within Montague, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07827 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Montague, NJ. Auction homes and other auction properties account for 0.12% of all properties in Montague, NJ. There is 1 zips within Montague, NJ; of that zips, the median estimated home value for homes going to auction ranges from $491,100 in 07827 to the lowest value of $463,400 in 07827.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.35% of residential properties in Montague, NJ with 07827 containing 26 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Montague, NJ; homes for sale in that zips, have a range of median values from $678,800 in 07827 to the lowest value of $218,100 in 07827.
    Sold Homes
    The median value for recently sold homes ranges from $597,200 in 07827 to the lowest price of $153,700 in 07827. There is 1 zips within Montague, NJ. 07827 has 45 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.53% of properties in Montague, NJ.

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