Dumont, NJ Housing Market
The Dumont housing market is somewhat competitive. The median sale price of a home in Dumont was $602K last month, up 28.0% since last year. The median sale price per square foot in Dumont is $323, down 3.0% since last year.
Dumont Housing Market Trends
In March 2024, Dumont home prices were up 28.0% compared to last year, selling for a median price of $602K. On average, homes in Dumont sell after 58 days on the market compared to 68 days last year. There were 8 homes sold in March this year, down 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 Dumont 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 1% above list price and go pending in around 67 days.
- Hot homescan sell for about 4% above list price and go pending in around 49 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 6 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 98 days.
- Hot homescan sell for about 7% above list price and go pending in around 63 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 9 months
- Some homes get multiple offers.
- The average homes sell for about 4% above list price and go pending in around 68 days.
- Hot homescan sell for about 11% above list price and go pending in around 49 days.
Dumont Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Dumont from outside metros.
- Peoria homebuyers searched to move into Dumont more than any other metro followed by Springfield and Lincoln.
- 70% of Dumont homebuyers searched to stay within the Dumont metropolitan area.
- Miami was the most popular destination among Dumont 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 Dumont
Recent offers
- Offer Not Accepted|9 Weeks Ago~$650K OfferSold for $700K3 bd | 1.5 ba | — sqftOver List Price8%Days on Market44Competing Offers5Down Payment~30%Liliana MilitaruDumont Redfin Agent
Sometimes, if a buyer's terms are favorable, certain sellers may grant them the chance to match the highest offer, especially if the highest offer comes with less favorable terms. Occasionally, the highest offer is unreasonably high, indicating that the buyer may be overly desperate or banking on renegotiations if the house fails to appraise or fails to pass inspections. Bottom line: it's unnecessary for every buyer to raise their offers above appraisable figures - keep it reasonable! What's essential, is for every buyer to make their offer in good faith - that's a MUST!…
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View houses in Dumont that sold recently
Recently sold homes
- $275,000 Last Sold Price2 beds1 bath—sq ft2 Bedford Rd, Dumont, NJ 07628Real Coldwell Banker, Alpine/ClosterList Price$350,000Sale to List21% under listDays on Market193 days2 Bedford Rd, Dumont, NJ 07628
- $660,000 Last Sold Price3 beds2.5 baths—sq ft50 Dakota Ave, Dumont, NJ 07628Coldwell Banker, Hillsdale Coldwell Banker, HillsdaleList Price$648,950Sale to List2% over listDays on Market73 days50 Dakota Ave, Dumont, NJ 07628
- $560,000 Last Sold Price3 beds2 baths—sq ft22 Wilkens Dr, Dumont, NJ 07628Howard Hanna Rand Realty, Old Tappan Corcoran Infinity Properties, River ValeList Price$539,000Sale to List4% over listDays on Market94 days22 Wilkens Dr, Dumont, NJ 07628
- $547,000 Last Sold Price3 beds2 baths—sq ft104 Hickory St, Dumont Boro, NJ 07628-1810List Price$547,000Sale to List0% over listDays on Market41 days104 Hickory St, Dumont Boro, NJ 07628-1810
- $660,000 Last Sold Price3 beds2 baths—sq ft10 Spring Dr, Dumont, NJ 07628Coldwell Banker, Allendale/Saddle River Valley Keller Williams City Views RealtyList Price$649,000Sale to List2% over listDays on Market55 days10 Spring Dr, Dumont, NJ 07628
- $685,000 Last Sold Price3 beds2 baths—sq ft146 New York Ave, Dumont, NJ 07628Coldwell Banker, Alpine/Closter Terrie O'Connor Realtors-AllendaleList Price$649,000Sale to List6% over listDays on Market70 days146 New York Ave, Dumont, NJ 07628
- $499,000 Last Sold Price3 beds2 baths—sq ft255 Grant Ave, Dumont, NJ 07628RE/MAX Integrity Century 21 Semiao & Associates, Hasbrouck HeightsList Price$499,000Sale to List0% over listDays on Market64 days255 Grant Ave, Dumont, NJ 07628
- $595,000 Last Sold Price4 beds2 baths—sq ft31 Park Ave, Dumont, NJ 07628RE/MAX Integrity Christie's International Real Estate Group-Fort LeeList Price$595,000Sale to List0% over listDays on Market137 days31 Park Ave, Dumont, NJ 07628
See all recently sold homes in Dumont.
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Schools in Dumont
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Charles A. Selzer Elementary School Public • PreK-8 | 527 Students | 2 reviews |
7/10 Lincoln Elementary School Public • K-5 | 150 Students | 8 reviews |
6/10 Honiss Elementary School Public • K-8 | 610 Students | 3 reviews |
6/10 Grant Elementary School Public • K-5 | 384 Students | 4 reviews |
Climate's impact on Dumont housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Dumont.
Flood Factor - Minor
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Dumont
Walk Score®
Transit Score®
Bike Score®
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