The Menlo Park-Valentine housing market is somewhat competitive. The median sale price of a home in Menlo Park-Valentine was $650K last month, up 28.1% since last year. The median sale price per square foot in Menlo Park-Valentine is $446, up 45.8% since last year.
What is the housing market like in Menlo Park-Valentine today?
In March 2024, Menlo Park-Valentine home prices were up 28.1% compared to last year, selling for a median price of $650K. On average, homes in Menlo Park-Valentine sell after 65 days on the market compared to 28 days last year. There were 17 homes sold in March this year, down from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,000
+28.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Menlo Park-Valentine, NJ
$650,000
+28.1%
United States
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How hot is the Menlo Park-Valentine housing market?
Menlo Park-Valentine is somewhat competitive. Homes sell in 60 days.
0
100
60
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 60 days.
Hot homes
can sell for about 9% above list price and go pending in around 36 days.
Learn about schools in the Menlo Park-Valentine area
Elementary
Middle
High
GreatSchools Rating
7/10
Edgar Middle School
Public • 5-8
714
Students
9 reviews
6/10
Ford Avenue Elementary School
Public • K-5
247
Students
10 reviews
5/10
James Monroe Elementary School
Public • K-5
519
Students
12 reviews
5/10
Menlo Park Terrace Elementary School
Public • K-5
349
Students
6 reviews
5/10
Dual Language School
Public • 4-8
452
Students
N/A
Only showing 5 of
7 elementary schools.
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 Menlo Park-Valentine housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Menlo Park-Valentine.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Menlo Park-Valentine has a moderate risk of flooding. 425 properties in Menlo Park-Valentine are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Menlo Park-Valentine. Flood risk is increasing faster than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Menlo Park-Valentine has a moderate risk of wildfire. There are 705 properties in Menlo Park-Valentine that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Menlo Park-Valentine.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Menlo Park-Valentine has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Menlo Park-Valentine is most at risk from hurricanes. 6,485 properties in Menlo Park-Valentine 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.
95% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Menlo Park-Valentine has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 95% of homes in Menlo Park-Valentine have a Severe Heat Factor®.
Menlo Park-Valentine is expected to see a 128% increase in the number of days over 101ºF over the next 30 years. Menlo Park-Valentine is expected to experience 8