All Home Types
Montvale, NJ Housing Market
What is the housing market like in Montvale today?
In September 2024, Montvale home prices were down 21.5% compared to last year, selling for a median price of $740K. On average, homes in Montvale sell after 66 days on the market compared to 85 days last year. There were 8 homes sold in September this year, down from 9 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$740,000
-21.5% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Montvale, NJ
$740,000
-21.5%
United States
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Montvale Migration & Relocation Trends
In Aug '24 - Oct '24, 29% of Montvale homebuyers searched to move out of Montvale, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Montvale from outside metros.
- Gainesville homebuyers searched to move into Montvale more than any other metro followed by San Francisco and Visalia.
Where are people moving to Montvale from?
- 71% of Montvale homebuyers searched to stay within the Montvale metropolitan area.
- Miami was the most popular destination among Montvale homebuyers followed by Boston and Philadelphia.
Where are people from Montvale moving to?
Number of People Moving to Montvale
least
most
People are moving to Montvale from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 35 | ||
| 2 | 26 | ||
| 3 | 8 | ||
| 4 | 6 | ||
| 5 | 5 | ||
| 6 | 4 | ||
| 7 | 3 | ||
| 8 | 2 | ||
| 9 | 2 | ||
| 10 | 1 | ||
People are leaving Montvale for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,978 | ||
| 2 | 4,110 | ||
| 3 | 4,014 | ||
| 4 | 2,144 | ||
| 5 | 2,053 | ||
| 6 | 2,042 | ||
| 7 | 1,894 | ||
| 8 | 1,779 | ||
| 9 | 1,373 | ||
| 10 | 1,217 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Montvale.
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