Call or Text (240) SELL-123

MONTVILLE, NJ 07045

Real Estate Market Report  ·  Morris County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The MONTVILLE, NJ real estate market (07045) currently shows 54 active listings, with 31 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 31 days last year.

The median listing price has fallen 22.4% year-over-year, from $902,472 to $699,900.

Whether you are buying or selling in MONTVILLE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MONTVILLE, NJ 07045 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 10,240  ·  Density: 601.9/mi²  ·  Median household income: $163,047

Typical home value: $647,958  ·  Homeownership: 98.5%

Market Overview

Active Listings
54
⇧ 31.7% vs 41 last year
Pending
31
57% pending ratio
Median Price
$699,900
⇩ 22.4% vs $902,472 last year
Average Price
$911,326
⇩ 18.6% vs $1,120,147 last year
Days on Market
48
⇧ 54.8% vs 31 days last year

Price Per Square Foot

Median $/sqft
$309
⇩ 5.2% vs $326/sqft last year
Median Home Size
2,307 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 41 last year
  • Days on market: 48 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $699,900 (-22.4% YoY)
  • Average: $911,326 (-18.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.6 miles — 240 listings ($184,771,191 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07045Montville, NJ 070450.0 mi13$12,653,550$724,450$973,350
07034Lake Hiawatha, NJ 070342.0 mi13$7,296,302$505,750$561,254
07058Pine Brook, NJ 070583.1 mi6$6,210,498$1,056,250$1,035,083
07004Fairfield, NJ 070043.7 mi5$5,028,815$874,250$1,005,763
07054Parsippany, NJ 070544.0 mi25$19,118,850$717,750$764,754
07444Pompton Plains, NJ 074445.2 mi14$8,323,224$419,925$594,516
07006Caldwell, NJ 070065.9 mi29$32,948,553$724,000$1,136,157
07878Mount Tabor, NJ 078786.3 mi2$1,172,000$586,000$586,000
07981Whippany, NJ 079816.4 mi8$7,213,920$859,000$901,740
07068Roseland, NJ 070686.7 mi17$17,057,800$844,500$1,003,400
07866Rockaway, NJ 078667.0 mi52$26,262,600$523,450$505,050
07950Morris Plains, NJ 079507.4 mi33$18,920,814$618,700$573,358
07512Totowa, NJ 075127.6 mi23$22,564,265$756,250$981,055

Frequently Asked Questions

How many homes are for sale in MONTVILLE, NJ 07045?

As of June 2026, there are 54 active listings in MONTVILLE, NJ (zip code 07045), compared to 41 the prior year.

What is the median home price in MONTVILLE, NJ 07045?

The median listing price in MONTVILLE, NJ 07045 is $699,900 as of June 2026, a 22.4% decrease from $902,472 the prior year.

How long do homes stay on the market in MONTVILLE, NJ?

Homes in MONTVILLE, NJ 07045 spend an average of 48 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in MONTVILLE, NJ 07045?

Based on current inventory and days-on-market data as of June 2026, MONTVILLE, NJ 07045 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 31 days last year.

How much can I save on real estate commission in MONTVILLE, NJ?

With SELL123.com's maximum 3% commission, sellers in MONTVILLE, NJ 07045 save an estimated $13,998 compared to a typical 5% commission on the median listing price of $699,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.