The Good Life Group's Market Report

Maplewood, NJ 07040

Single-Family Homes

Amy Paternite | 917-442-5130 and Ben Garrison | 917-940-3158


Maplewood, NJ 07040

Sat Jun 07 2025
This week the median list price for Maplewood, NJ 07040 is $749,900 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has held steady at or around 29. Click here to stay informed with the Maplewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Maplewood, NJ 07040

Sat Jun 07 2025
This week the median list price for Maplewood, NJ 07040 is $749,900 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has held steady at or around 29. Click here to stay informed with the Maplewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Maplewood market.
Median List Price $749,900
Median Price of New Listings $739,000
Per Square Foot $347
Average Days on Market 132
Median Days on Market 21
Price Decreased 14%
Price Increased 0%
Relisted 14%
Inventory 29
Median Rent
Market Action 74
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,284,944 2,814 6,500 - 8,000 sqft 5 4.3 97 1 0 28
$849,000 3,200 4,500 - 6,500 sqft 4 2.5 94 0 6 28
$699,000 2,755 4,500 - 6,500 sqft 3 2 95 2 2 14
$599,000 1,576 0 - 4,500 sqft 3 2 98 1 4 28