Housing in Leonardo, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$614,500

Median List Price

$899,000

Price Per Sq Ft

$515

Days on Market

41

Active Inventory

5

Months of Supply

2.5

Seller's market

Zillow Home Value

$641,181

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 24.1%List Price 71.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Sale-to-List Ratio

103.1%

Seller's market

Sold Above Asking
50.0%
Listings with Price Drops
40.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Homes Sold 50.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$515

Median List $/SF

$313

Sale $/SF 49.3%List $/SF 29.0%Mar 24Jan 26

Leonardo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Leonardo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$432,200

Median Rent

$1,439

Total Housing Units

1,012

Vacancy Rate

9.2%

Owner Occupied

87.6%

Renter Occupied

12.4%

Median Property Tax

$7,207

per year

Monthly Cost (w/ Mortgage)

$2,220

Housing Types

Single Family
90.4%
Multi-Family
9.6%
Mobile Home
0.0%

The current median sale price in Leonardo, NJ is $614,500 according to Redfin data. Homes spend a median of 41 days on the market. 50.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $515. The median rent is $1,439 per month (Census ACS). About 87.6% of housing units are owner-occupied. The median year homes were built is 1953. There are 1,012 total housing units.