The Lower Vailsburg housing market is somewhat competitive. The median sale price of a home in Lower Vailsburg was $468K last month, up 10.0% since last year. The median sale price per square foot in Lower Vailsburg is $277, up 18.9% since last year.
What is the housing market like in Lower Vailsburg today?
In March 2024, Lower Vailsburg home prices were up 10.0% compared to last year, selling for a median price of $468K. On average, homes in Lower Vailsburg sell after 81 days on the market compared to 64 days last year. There were 24 homes sold in March this year, down from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$467,500
+10.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lower Vailsburg, NJ
$467,500
+10.0%
United States
To compare other locations to the Lower Vailsburg and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
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How hot is the Lower Vailsburg housing market?
Lower Vailsburg is somewhat competitive. Homes sell in 81 days.
0
100
53
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 5% above list price and go pending in around 81 days.
Hot homes
can sell for about 12% above list price and go pending in around 21 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Grove Street Elementary School
Public • PreK-5
430
Students
3 reviews
5/10
University Elementary School
Public • PreK-5
459
Students
N/A
4/10
Benjamin Banneker Academy
Public • PreK-6
511
Students
N/A
3/10
Lincoln Elementary School
Public • PreK-8 • Choice school
416
Students
1 reviews
2/10
Speedway Academies
Public • K-8 • Choice school
685
Students
7 reviews
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 Lower Vailsburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Vailsburg.
Risk Factor
Flood Factor - Major
43% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Vailsburg has a major risk of flooding. 1,192 properties in Lower Vailsburg are likely to be
severely affected
by flooding over the next 30 years. This represents 43% of all properties in Lower Vailsburg. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Vailsburg has a minor risk of wildfire. There are 17 properties in Lower Vailsburg that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lower Vailsburg.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lower Vailsburg has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Vailsburg is most at risk from hurricanes. 4,097 properties in Lower Vailsburg 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.
98% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Lower Vailsburg has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Lower Vailsburg have a Severe Heat Factor®.
Lower Vailsburg is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Lower Vailsburg is expected to experience 7