Market Intelligence · NJ / Essex County

Montclair, NJ home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$1.16M1-yr changeUp8.1%

The typical home value in Montclair, NJ is $1.16M as of September 2026, up 8.1% from a year ago, based on the Zillow Home Value Index. In the typical Montclair ZIP code, the median list price is $1.04M and homes spend a median of 26 days on market as of September 2026 (Realtor.com).

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The coverage

Montclair, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.16M
1-yr changeMedian across Montclair ZIPs
+8.1%
ZIP markets live
2
County
Essex County

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12-month value trend

+8.1% over 12 months

Typical home value in Montclair over the last 12 months: $1.08M in Sep 2025 to $1.16M in Sep 2026 (+8.1%).

Sep 2025$1.08M

Sep 2026$1.16M

Median Zillow home value index across Montclair's ZIP codes.

Context

The typical home value in Montclair is $1,178,742 as of August 2026, up 8.0% over the past year. Sellers still hold an advantage here. As of September 2026, only 47 homes were for sale, and 42 new listings came on the market that same month. Homes are moving quickly, with a median of 26 days on market. The median list price sits at $1,043,998, and just 5.3% of listings have taken a price cut, which suggests most sellers are pricing close to what buyers will pay. For a Montclair homeowner weighing a sale, the citywide picture points to strong demand and limited competition, so conditions remain favorable if your home is priced realistically.

The numbers

What is the housing market like in Montclair, NJ?

Typical home value

$1.16M

Up8.1%YoY

Median list price

$1.04M

Days on market

26

Homes for sale

47

Price cuts

5.3%

New listings

42

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Montclair's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Montclair, NJ home prices over time

Typical home values in Montclair, NJ are up 8.1% over the past year, from $1.08M in September 2025 to $1.16M in September 2026.

Typical home value in Montclair, NJ, September of each year
MonthTypical value1-yr change
September 2026$1,163,036+8.1%
September 2025$1,075,758No prior year

Typical value is the median Zillow Home Value Index across Montclair ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Montclair, NJ a buyer's or seller's market?

Montclair, NJ leans toward a seller's market.

Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 26 days on market and 5% of listings with a price cut in the typical Montclair ZIP code, and 42 new listings against 47 active listings across Montclair, as of September 2026 (Realtor.com).

The outlook

Montclair housing market forecast 2027

+2.9%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Montclair ZIP codes, points to typical home values rising 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in Montclair rose 8.1%, per the Zillow Home Value Index.

Will home prices drop in Montclair?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Montclair shows typical home values rising 2.9% by September 2027, after a 8.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Montclair ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Montclair?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Montclair?

Top real estate agents in Montclair, NJ

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Common questions

Questions about Montclair, NJ home prices.

How much is a home in Montclair worth?

The typical home value in Montclair is $1,178,742 as of August 2026, up 8.0% over the past year. This is a citywide figure, so individual homes will vary.

How fast are homes selling in Montclair?

As of September 2026, the median days on market in Montclair is 26. Only 5.3% of listings have had a price cut, which indicates most homes are attracting buyers without reductions.

How much competition do sellers face in Montclair?

Inventory is tight, with 47 homes for sale and 42 new listings as of September 2026. The median list price is $1,043,998.

Are home prices going up or down in Montclair, NJ?

Typical home values in Montclair, NJ are up 8.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Montclair, NJ a buyer's or seller's market?

Montclair, NJ leans toward a seller's market. Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 26 days on market and 5% of listings with a price cut in the typical Montclair ZIP code, and 42 new listings against 47 active listings across Montclair, as of September 2026 (Realtor.com).

How long do homes take to sell in Montclair, NJ?

In the typical Montclair ZIP code, homes spend a median of 26 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

More New Jersey housing markets.

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