Montclair, NJ—07042
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$954,000
5.6% YoY Growth
Household Income
$127,000
23.0% YoY Growth
Days on Market
16
39.0% Shorter YoY
Home Price Forecast
1.6%
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 May '26, the median home price in Montclair, NJ is $954,000, with a year-over-year change of 5.6%. This indicates that home prices in Montclair, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $954,000 | 5.6% |
| Single Family | $1,136,000 | 7.3% |
| Condos | $450,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |