Montclair, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 346 transactions over the past year in Montclair. The median value for residential home transactions that occurred over the previous year is $1,232,568.62. The number of current listings in Montclair is 294, and the percentage of properties for sale in the city is 81.22%. Montclair, NJ currently has 68 properties in foreclosure, 1 bank owned properties, 10 properties headed for auction, and 294 properties for sale.
Montclair, NJ Real Estate Market Overview
Housing Market Summary for Montclair, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $987K | $1.1M | 7.19% |
| Median Sold Price | $1.1M | $1.1M | -1.58% |
| Homes For Sale | 24 | 272 | 1033.33% |
| Homes Sold | 218 | 152 | -30.28% |
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 Montclair, NJ
Browse Homes in Montclair, NJ
Montclair home values range from $201,895 to $5,900,152. The median estimated value of a home in Montclair is $1,232,568.62. The median list price of a home is 1,174,500, and the total count of properties in the city is 9,611.
- Pre-ForeclosurePre-foreclosure homes account for 0.59% of all residential properties in Montclair, NJ with 07042 containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Montclair, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $3,350,309 in 07042 to the lowest home value of $393,252 in 07042.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Montclair, NJ ranges from the highest value of $312,106 in 07042 to the lowest value of $312,106 in 07042. Bank owned homes and properties account for 0.01% of properties in Montclair, NJ. There are 2 zips within Montclair, NJ; 07042 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07042 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Montclair, NJ. Auction homes and other auction properties account for 0.10% of all properties in Montclair, NJ. There are 2 zips within Montclair, NJ; of those zips, the median estimated home value for homes going to auction ranges from $1,840,548 in 07042 to the lowest value of $415,519 in 07042.