The Montrose Park housing market is most competitive. The median sale price of a home in Montrose Park was $950K last month, down 4.1% since last year.
What is the housing market like in Montrose Park today?
In October 2024, Montrose Park home prices were down 4.1% compared to last year, selling for a median price of $950K. On average, homes in Montrose Park sell after 80 days on the market compared to 52 days last year. There were 1 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$950,000
-4.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Montrose Park, NJ
$950,000
-4.1%
United States
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How hot is the Montrose Park housing market?
Montrose Park is most competitive. Homes sell in 11.5 days.
0
100
90
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 9% above list price and go pending in around 12 days.
Hot homes
can sell for about 15% above list price and go pending in around 9 days.
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 Montrose Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Montrose Park.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Montrose Park has a moderate risk of flooding. 77 properties in Montrose Park are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Montrose Park. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Montrose Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Montrose Park is most at risk from hurricanes. 733 properties in Montrose Park 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.