The Presidential Estates housing market is somewhat competitive. The median sale price of a home in Presidential Estates was $457K last month, down 12.1% since last year. The median sale price per square foot in Presidential Estates is $211, down 16.3% since last year.
What is the housing market like in Presidential Estates today?
In October 2024, Presidential Estates home prices were down 12.1% compared to last year, selling for a median price of $457K. On average, homes in Presidential Estates sell after 55 days on the market compared to 75 days last year. There were 8 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$457,056
-12.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Presidential Estates, NJ
$457,056
-12.1%
United States
To compare other locations to the Presidential Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in East Orange add value to a home.
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How hot is the Presidential Estates housing market?
Presidential Estates is somewhat competitive. Homes sell in 40 days.
0
100
66
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 12 months
Some homes get multiple offers.
The average homes sell for about 8% above list price and go pending in around 40 days.
Hot homes
can sell for about 12% above list price and go pending in around 21 days.
Learn about schools in the Presidential Estates area
Elementary
Middle
High
GreatSchools Rating
5/10
Carteret Elementary School
Public • K-6
387
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 Presidential Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Presidential Estates.
Flood Factor - Minor
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Presidential Estates has a minor risk of flooding. 182 properties in Presidential Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Presidential Estates. 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
Presidential Estates has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Presidential Estates is most at risk from hurricanes. 1,015 properties in Presidential Estates 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
87% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Presidential Estates has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 87% of homes in Presidential Estates have a Severe Heat Factor®.
Presidential Estates is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Presidential Estates is expected to experience 7