The Cedar Knolls housing market is very competitive. The median sale price of a home in Cedar Knolls was $431K last month, down 9.26% since last year. The median sale price per square foot in Cedar Knolls is $299, down 4.0% since last year.
What is the housing market like in Cedar Knolls today?
$431K
Sale Price
-9.26% since last year
$299
Sale $/Sq. Ft.
-4.0% since last year
Over List Price
3.1%
Days on Market
18
Down Payment
—
Total Homes Sold
5
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How hot is the Cedar Knolls housing market?
Cedar Knolls is very competitive. Homes sell in 18 days.
0
100
86
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 18 days.
Hot homes
can sell for about 8% above list price and go pending in around 15 days.
Home offer insights for Cedar Knolls
Explore recent offers and recently sold homes in Cedar Knolls
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 Cedar Knolls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Knolls.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Knolls has a moderate risk of flooding. 127 properties in Cedar Knolls are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Cedar Knolls. Flood risk is increasing faster than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Knolls has a moderate risk of wildfire. There are 613 properties in Cedar Knolls that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in Cedar Knolls.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Knolls has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Knolls is most at risk from hurricanes. 1,931 properties in Cedar Knolls 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.