Courtney's NJ Market Insights

Montville, NJ

Single-Family Homes

Courtney Orlando | 732.921.1825 | https://www.courtneyorlandogroup.com/


Montville, NJ

Wed Jul 29 2026
This week the median list price for Montville, NJ is $914,000 with the market action index hovering around 62. This is an increase over last month's market action index of 52. Inventory has decreased to 8. Click here to stay informed with the Montville 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. 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.

Montville, NJ

Wed Jul 29 2026
This week the median list price for Montville, NJ is $914,000 with the market action index hovering around 62. This is an increase over last month's market action index of 52. Inventory has decreased to 8. Click here to stay informed with the Montville 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. 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 Montville market.
Median List Price $914,000
Median Price of New Listings $749,000
Per Square Foot $312
Average Days on Market 155
Median Days on Market 39
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 62
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,989,500 0 2.5 - 5 acres 6 4.8 21 0 1 406
$1,474,500 3,200 2.5 - 5 acres 4 4.3 35 0 0 35
$788,500 0 0.5 - 1 acre 4 2.3 68 1 0 10
$499,950 0 0.25 - 0.5 acre 4 3 114 0 0 168