Far Hills, NJ—07931

As of Aug '25, the median home price in Far Hills, NJ is $1,413,000, with a year-over-year change of 1.0%. This indicates that home prices in Far Hills, NJ are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Far Hills, NJ is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Far Hills, NJ in that year was 11. 91.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 51.0%. Of those, 9.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Far Hills, NJ. Investor activity in Far Hills, NJ is low, as 0.0% of all loans are originated by investors. In 2023, 0.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.