Housing in Montvale, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$686,000

Median List Price

$999,500

Price Per Sq Ft

$430

Days on Market

73

Active Inventory

12

Months of Supply

3.0

Seller's market

Zillow Home Value

$898,343

ZHVI — January 2026

Zillow Rent Index

$4,206

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 21.7%List Price 33.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

105.9%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
8.3%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

4

Homes Sold 63.6%New Listings 42.9%Pending 42.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$430

Median List $/SF

$388

Sale $/SF 13.5%List $/SF 0.0%Mar 24Jan 26

Montvale vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Montvale 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

$688,500

Median Rent

$2,241

Total Housing Units

3,188

Vacancy Rate

3.2%

Owner Occupied

84.1%

Renter Occupied

15.9%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,958

Housing Types

Single Family
77.8%
Multi-Family
22.2%
Mobile Home
0.0%

The current median sale price in Montvale, NJ is $686,000 according to Redfin data. Homes spend a median of 73 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $430. Zillow's observed rent index is $4,206/month. About 84.1% of housing units are owner-occupied. The median year homes were built is 1968. There are 3,188 total housing units.