The The Valley housing market is somewhat competitive. The median sale price of a home in The Valley was $452K last month, up 13.2% since last year. The median sale price per square foot in The Valley is $324, down 20.8% since last year.
What is the housing market like in The Valley today?
In March 2024, The Valley home prices were up 13.2% compared to last year, selling for a median price of $452K. On average, homes in The Valley sell after 96 days on the market compared to 44 days last year. There were 13 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$451,800
+13.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
The Valley, NJ
$451,800
+13.2%
United States
To compare other locations to the The Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Llewellyn Park add value to a home.
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How hot is the The Valley housing market?
The Valley is somewhat competitive. Homes sell in 49 days.
0
100
59
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 6% above list price and go pending in around 49 days.
Hot homes
can sell for about 11% above list price and go pending in around 18 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 The Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Valley.
Risk Factor
Flood Factor - Major
53% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Valley has a major risk of flooding. 545 properties in The Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 53% of all properties in The Valley. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Valley has a minor risk of wildfire. There are 68 properties in The Valley that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in The Valley.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
The Valley has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Valley is most at risk from hurricanes. 1,557 properties in The Valley 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.