Market Intelligence · NJ / Montclair

Montclair, NJ 07043 Housing Market

Typical home values in Montclair, NJ 07043 sit at $1,391,953 and have grown 9.4% over the past year. The median list price is $1,305,750, with homes spending a median of 28 days on market as of September 2026.

Updated September 2026Median value$1392K

The median home value in Montclair, NJ 07043 is $1.39M as of September 2026, up 9.4% 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.

Sell without the wait

Sell your Montclair home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 07043 range

$1.28M to $1.5M

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 07043 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Montclair, NJ.

12-month value trend

+9.4% over 12 months

Sep 2025$1.27M

Low $1.27MHigh $1.39M

Sep 2026$1.39M

The numbers

What is the 07043 housing market like?

As of September 2026

Typical home value

$1.39M

9.4%YoY

Median list price

$1.31M

20.6%MoM

Days on market

47.2%MoM

Homes for sale

12.5%MoM

Price cuts

0.0%

New listings

350.0%MoM

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

The outlook

07043 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07043 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 07043 rose 9.4%, per the Zillow Home Value Index.

Will home prices drop in 07043?

Zillow's forecast does not call for a drop: it expects typical home values in 07043 to rise 3.1% by September 2027, after a 9.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 07043 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 07043 home prices compare?

07043$1,391,953
Montclair$1,163,036
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Montclair: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

There are 18 homes for sale in the 07043 ZIP code, and 18 new listings came to market in September 2026. The median days on market of 28 suggests homes are moving at a steady pace. No listings have seen price cuts so far this period. For sellers, the combination of year-over-year appreciation and steady absorption indicates a stable market without excess inventory pressure.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $278,391

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in Montclair, NJ 07043?

The typical home value in 07043 is $1,391,953, up 9.4% compared to the previous year.

How long do homes stay on the market in 07043?

Homes in this ZIP spend a median of 28 days on market.

How many homes are currently for sale in Montclair 07043?

There are 18 homes for sale in the 07043 ZIP code as of September 2026.

Discover

Nearby ZIP markets.

Keep reading