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MONTVILLE, NJ 07045

Real Estate Market Report  ·  Morris County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MONTVILLE, NJ real estate market (07045) currently shows 36 active listings, with 18 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 52 days last year.

The median listing price has fallen 28.9% year-over-year, from $989,472 to $703,500.

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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
36
⇧ 33.3% vs 27 last year
Pending
18
50% pending ratio
Median Price
$703,500
⇩ 28.9% vs $989,472 last year
Average Price
$926,146
⇩ 20.2% vs $1,160,482 last year
Days on Market
24
⇩ 53.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$265
⇩ 12% vs $301/sqft last year
Median Home Size
2,737 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 27 last year
  • Days on market: 24 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $703,500 (-28.9% YoY)
  • Average: $926,146 (-20.2% 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 September 2026, there are 36 active listings in MONTVILLE, NJ (zip code 07045), compared to 27 the prior year.

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

The median listing price in MONTVILLE, NJ 07045 is $703,500 as of September 2026, a 28.9% decrease from $989,472 the prior year.

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

Homes in MONTVILLE, NJ 07045 spend an average of 24 days on the market before going under contract, compared to 52 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 September 2026, MONTVILLE, NJ 07045 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 52 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 $14,070 compared to a typical 5% commission on the median listing price of $703,500. 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.