Montclair, NJ—07043
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$1,418,000
8.9% YoY Growth
Household Income
$250,000
30.4% YoY Growth
Days on Market
16
33.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$3,000
11.4% YoY Growth
1-Bed Rent
$2,400
11.2% YoY Growth
2-Bed Rent
$2,800
12.3% YoY Growth
3-Bed Rent
$4,300
7.8% 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 $1,418,000, with a year-over-year change of 8.9%. This indicates that home prices in Montclair, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,418,000 | 8.9% |
| Single Family | $1,465,000 | 8.6% |
| Condos | $467,000 | 8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |