The Menlo Park-Valentine housing market is somewhat competitive. The median sale price of a home in Menlo Park-Valentine was $542K last month, down 14.0% since last year. The median sale price per square foot in Menlo Park-Valentine is $364, down 20.4% since last year.
What is the housing market like in Menlo Park-Valentine today?
In October 2024, Menlo Park-Valentine home prices were down 14.0% compared to last year, selling for a median price of $542K. On average, homes in Menlo Park-Valentine sell after 68 days on the market compared to 43 days last year. There were 35 homes sold in October this year, up from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$542,000
-14.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Menlo Park-Valentine, NJ
$542,000
-14.0%
United States
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How hot is the Menlo Park-Valentine housing market?
Menlo Park-Valentine is somewhat competitive. Homes sell in 87 days.
0
100
51
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 2% above list price and go pending in around 87 days.
Hot homes
can sell for about 10% above list price and go pending in around 42 days.
Learn about schools in the Menlo Park-Valentine area
Elementary
Middle
High
GreatSchools Rating
8/10
Edgar Middle School
Public • 5-8
743
Students
10 reviews
6/10
Menlo Park Elementary School
Public • K-5
851
Students
19 reviews
6/10
Ford Avenue Elementary School
Public • K-5
256
Students
10 reviews
5/10
James Monroe Elementary School
Public • K-5
525
Students
12 reviews
5/10
Menlo Park Terrace Elementary School
Public • K-5
348
Students
6 reviews
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.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Menlo Park-Valentine has a minor risk of flooding. 306 properties in Menlo Park-Valentine are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Menlo Park-Valentine. Flood risk is increasing faster than the national average.
8% 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 366 properties in Menlo Park-Valentine that have some risk of being affected by wildfire over the next 30 years. This represents 8% 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. 4,199 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.
96% 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 96% 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