All Home Types
Montclair, NJ Housing Market
What is the housing market like in Montclair today?
In August 2023, Montclair home prices were up 33.7% compared to last year, selling for a median price of $1.2M. On average, homes in Montclair sell after 19 days on the market compared to 22 days last year. There were 38 homes sold in August this year, down from 62 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,235,000
+33.7% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Montclair, NJ
$1,235,000
+33.7%
United States
Montclair Migration & Relocation Trends
In Jun '23 - Aug '23, 30% of Montclair homebuyers searched to move out of Montclair, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Montclair from outside metros.
- Buffalo homebuyers searched to move into Montclair more than any other metro followed by Cedar Rapids and San Francisco.
Where are people moving to Montclair from?
- 70% of Montclair homebuyers searched to stay within the Montclair metropolitan area.
- Miami was the most popular destination among Montclair homebuyers followed by Philadelphia and Washington.
Where are people from Montclair moving to?
Number of People Moving to Montclair
least
most
People are moving to Montclair from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 401 | ||
| 2 | 352 | ||
| 3 | 319 | ||
| 4 | 31 | ||
| 5 | 28 | ||
| 6 | 9 | ||
| 7 | 7 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 4 | ||
People are leaving Montclair for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 5,923 | ||
| 2 | 4,602 | ||
| 3 | 3,549 | ||
| 4 | 3,544 | ||
| 5 | 2,474 | ||
| 6 | 2,112 | ||
| 7 | 1,740 | ||
| 8 | 1,390 | ||
| 9 | 1,388 | ||
| 10 | 1,367 | ||
Methodology
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.
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