Market Intelligence · NJ / Montclair

Montclair, NJ 07043 Housing Market

Montclair homes have a typical value of $1,427,857, up 8.7% over the past year. The median list price stands at $1,524,500, with homes taking a median of 50 days to sell.

Updated July 2026Median value$1428K

The median home value in Montclair, NJ 07043 is $1.43M as of July 2026, up 8.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07043 range

$1.31M to $1.54M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+8.7% over 12 months

Typical home value in 07043 over the last 12 months: $1.31M in Jul 2025 to $1.43M in Jul 2026 (+8.7%).

Jul 2025$1.31M

Jul 2026$1.43M

The numbers

What is the 07043 housing market like?

Typical home value

$1.43M

Up8.7%YoY

Median list price

$1.52M

Up7.2%MoM

Days on market

50

Up61.3%MoM

Homes for sale

19

Up11.8%MoM

Price cuts

4.4%

New listings

10

Down37.5%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (July 2026) / FRED (August 2026)

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The comparison

How do 07043 home prices compare?

  • 07043$1,427,857
  • Montclair$1,194,509
  • New Jersey$581,824
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Montclair: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,266 ZIPs).

Context

Montclair currently has 19 homes for sale, with 10 new listings as of early July 2026. The median time on market of 50 days reflects steady interest, though not rapid absorption. Only 4.4% of listings have seen price cuts, suggesting sellers are holding firm despite the competitive inventory. The year-over-year gain of 8.7% in typical home value shows underlying strength, but the pace of sales and inventory level suggest this is a balanced market where pricing strategy matters.

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20% · $285,571

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