The Tenafly housing market is somewhat competitive. The median sale price of a home in Tenafly was $793K last month, down 22.3% since last year. The median sale price per square foot in Tenafly is $559, up 24.9% since last year.
In October 2024, Tenafly home prices were down 22.3% compared to last year, selling for a median price of $793K. On average, homes in Tenafly sell after 78 days on the market compared to 102 days last year. There were 12 homes sold in October this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$793,000
-22.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Tenafly, NJ
$793,000
-22.3%
United States
To compare other locations to the Tenafly and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Tenafly's median sale price is 188% higher than the national average. Overall cost of living in Tenafly is 19% higher than the national average. Learn which home features in Tenafly add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Tenafly
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How hot is the Tenafly housing market?
Tenafly is somewhat competitive. Homes sell in 92 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
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 1% above list price and go pending in around 92 days.
Hot homes
can sell for about 5% above list price and go pending in around 64 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.7%
+2.2 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Tenafly, NJ
101.7%
+2.2 pt
United States
Tenafly Migration & Relocation Trends
In Sep '24 - Nov '24, 29% of Tenafly homebuyers searched to move out of Tenafly, while 71% looked to stay within the metropolitan area.
Where are people moving to Tenafly from?
Across the nation, 3% of homebuyers searched to move into Tenafly from outside metros.
San Francisco homebuyers searched to move into Tenafly more than any other metro followed by Seattle and Gainesville.
Where are people from Tenafly moving to?
71% of Tenafly homebuyers searched to stay within the Tenafly metropolitan area.
Miami was the most popular destination among Tenafly homebuyers followed by Boston and Philadelphia.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Tenafly housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tenafly.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tenafly has a minor risk of flooding. 592 properties in Tenafly are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Tenafly. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tenafly has a moderate risk of wildfire. There are 294 properties in Tenafly that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Tenafly.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Tenafly has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Tenafly is most at risk from hurricanes. 4,950 properties in Tenafly have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.