Montclair, NJ—07042
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$883,000
3.0% YoY Growth
Household Income
$127,000
23.0% YoY Growth
Days on Market
49
10.0% Shorter YoY
Home Price Forecast
1.5%
Median Rent
$2,800
4.0% YoY Growth
1-Bed Rent
$2,050
0.9% YoY Growth
2-Bed Rent
$2,800
6.0% YoY Growth
3-Bed Rent
$3,900
6.5% YoY Growth
Other Zip Codes in Montclair, NJ
Home Price Trends — Montclair, NJ
As of Dec '25, the median home price in Montclair, NJ is $883,000, with a year-over-year change of 3.0%. This indicates that home prices in Montclair, NJ are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $883,000 | 3.0% |
| Single Family | $1,040,000 | 4.0% |
| Condos | $433,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |