The University Heights housing market is very competitive. The median sale price of a home in University Heights was $410K last month, up 13.9% since last year.
What is the housing market like in University Heights today?
In March 2024, University Heights home prices were up 13.9% compared to last year, selling for a median price of $410K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
+13.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
University Heights, NJ
$410,000
+13.9%
United States
To compare other locations to the University Heights 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the University Heights housing market?
University Heights is very competitive. Homes sell in 35 days.
0
100
70
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 12 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 35 days.
Hot homes
can sell for about 9% above list price and go pending in around 19 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
McKinley Elementary School
Public • PreK-8 • Choice school
852
Students
9 reviews
2/10
Sussex Avenue Elementary School
Public • PreK-8 • Choice school
457
Students
3 reviews
NR
Sir Isaac Newton Elementary School
Public • PreK-1
-
Students
1 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 University Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University Heights.
Risk Factor
Flood Factor - Major
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Heights has a major risk of flooding. 161 properties in University Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in University Heights. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
University Heights has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University Heights is most at risk from hurricanes. 1,240 properties in University Heights 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
University Heights has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in University Heights have a Severe Heat Factor®.
University Heights is expected to see a 128% increase in the number of days over 100ºF over the next 30 years. University Heights is expected to experience 8