The University Heights housing market is very competitive. The median sale price of a home in University Heights was $560K last month, up 21.5% since last year. The median sale price per square foot in University Heights is $256, down 23.4% since last year.
What is the housing market like in University Heights today?
In April 2024, University Heights home prices were up 21.5% compared to last year, selling for a median price of $560K. On average, homes in University Heights sell after 42 days on the market compared to 29 days last year. There were 5 homes sold in April this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$560,000
+21.5% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
University Heights, NJ
$560,000
+21.5%
United States
To compare other locations to the University Heights and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hamilton Square add value to a home.
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How hot is the University Heights housing market?
University Heights is very competitive. Homes sell in 26 days.
0
100
80
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 26 days.
Hot homes
can sell for about 5% above list price and go pending in around 14 days.
Learn about schools in the University Heights area
Elementary
Middle
High
GreatSchools Rating
5/10
University Heights/h.D. Morrison Elementary School
Public • PreK-5
307
Students
3 reviews
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 University Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University Heights.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Heights has a moderate risk of flooding. 63 properties in University Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in University Heights. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
University Heights has a minor risk of wildfire. There are 102 properties in University Heights that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in University Heights.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
University Heights has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University Heights is most at risk from hurricanes. 1,038 properties in University Heights 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
University Heights has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in University Heights have a Major Heat Factor®.
University Heights is expected to see a 100% increase in the number of days over 101ºF over the next 30 years. University Heights is expected to experience 6