Montvale, NJ Housing Market
The Montvale housing market is somewhat competitive. The median sale price of a home in Montvale was $875K last month, up 47.5% since last year. The median sale price per square foot in Montvale is $379, up 17.7% since last year.
Montvale Housing Market Trends
In March 2024, Montvale home prices were up 47.5% compared to last year, selling for a median price of $875K. On average, homes in Montvale sell after 65 days on the market compared to 123 days last year. There were 12 homes sold in March this year, up from 12 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Montvale housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% above list price and go pending in around 100 days.
- Hot homescan sell for about 7% above list price and go pending in around 51 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% above list price and go pending in around 128 days.
- Hot homescan sell for about 8% above list price and go pending in around 78 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 162 days.
- Hot homescan sell for about 3% above list price and go pending in around 48 days.
Montvale Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Montvale from outside metros.
- Peoria homebuyers searched to move into Montvale more than any other metro followed by Springfield and Lincoln.
- 70% of Montvale homebuyers searched to stay within the Montvale metropolitan area.
- Miami was the most popular destination among Montvale homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
Home offer insights for Montvale
Recent offers
View houses in Montvale that sold recently
Recently sold homes
- $665,000 Last Sold Price2 beds3 baths2,074 sq ft33 Forshee Cir, Montvale, NJ 07645RE/MAX Signature Homes Christie's International Real Estate Group-ParamusList Price$649,000Sale to List2% over listDays on Market46 days33 Forshee Cir, Montvale, NJ 07645
- $895,000 Last Sold Price3 beds2 baths—sq ft85 Akers Ave, Montvale, NJ 07645Keller Williams Valley Realty Keller Williams Valley RealtyList Price$749,900Sale to List19% over listDays on Market52 days85 Akers Ave, Montvale, NJ 07645
- $952,962 Last Sold Price3 beds3 baths3,000 sq ft61 Cranberry Ln, Montvale, NJ 07645Toll Brothers Real Estate, Inc Outside BrokerList Price$930,670Sale to List2% over listDays on Market370 days61 Cranberry Ln, Montvale, NJ 07645
- $1,175,000 Last Sold Price5 beds5 baths—sq ft24 Crestview Ter, Montvale, NJ 07645Christie's International Real Estate Group-Mahwah/Saddle River Regional Office Coldwell Banker, MiddletownList Price$1,425,000Sale to List18% under listDays on Market235 days24 Crestview Ter, Montvale, NJ 07645
- $997,995 Last Sold Price3 beds3 baths3,000 sq ft14 Bittersweet Ter, Montvale, NJ 07645Toll Brothers Real Estate, Inc Outside BrokerList Price$997,995Sale to List0% over listDays on Market97 days14 Bittersweet Ter, Montvale, NJ 07645
- $826,000 Last Sold Price2 beds2 baths1,996 sq ft406 Four Seasons Ln #406, Montvale, NJ 07645Coldwell Banker, Hillsdale Coldwell Banker, HillsdaleList Price$799,900Sale to List3% over listDays on Market96 days406 Four Seasons Ln #406, Montvale, NJ 07645
- $285,000 Last Sold Price1 bed1 bath750 sq ft1 Rolling Ridge Rd Unit A, Montvale, NJ 07645Apartments & Homes of NJ RE/MAX Properties-Saddle RiverList Price$274,900Sale to List4% over listDays on Market115 days1 Rolling Ridge Rd Unit A, Montvale, NJ 07645
- $1,839,000 Last Sold Price5 beds5 baths—sq ft25 Terry Ct, Montvale, NJ 07645Christie's International Real Estate Group-Paramus Coldwell Banker, Fort LeeList Price$1,839,000Sale to List0% over listDays on Market69 days25 Terry Ct, Montvale, NJ 07645
See all recently sold homes in Montvale.
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Schools in Montvale
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Lincoln Avenue School Public • K-4 | 211 Students | 2 reviews |
7/10 Fieldstone Middle School Public • 5-8 | 451 Students | N/A |
6/10 Memorial Elementary School Public • PreK-4 | 519 Students | 4 reviews |
6/10 West Ridge Elementary School Public • PreK-6 | 350 Students | 4 reviews |
4/10 Franklin Avenue School Public • K-4 | 284 Students | 2 reviews |
Climate's impact on Montvale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Montvale.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Montvale
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