Call or Text (240) SELL-123

WEST MILFORD, NJ 07480

Real Estate Market Report  ·  Passaic County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
57
⇩ 10.9% vs 64 last year
Pending
23
40% pending ratio
Median Price
$399,450
⇩ 5.2% vs $421,250 last year
Average Price
$473,260
⇧ 1.8% vs $464,931 last year
Days on Market
67
⇧ 34% vs 50 days last year

Market Context

Population: 14,884  ·  Density: 173.8/mi²  ·  Median household income: $111,786

Typical home value: $333,598  ·  Homeownership: 88.3%

Market Analysis

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

The WEST MILFORD, NJ real estate market (07480) currently shows 57 active listings, with 23 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 67 days on market compared to 50 days last year.

The median listing price has fallen 5.2% year-over-year, from $421,250 to $399,450.

Whether you are buying or selling in WEST MILFORD, 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 WEST MILFORD, NJ 07480 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 64 last year
  • Days on market: 67 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $399,450 (-5.2% YoY)
  • Average: $473,260 (+1.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.2 miles — 405 listings ($294,000,884 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07480West Milford, NJ 074800.0 mi57$26,975,820$399,450$473,260
07465Wanaque, NJ 074654.9 mi21$11,103,435$450,000$528,735
07421Hewitt, NJ 074215.3 mi23$15,010,605$550,000$652,635
07420Haskell, NJ 074205.6 mi11$4,691,060$426,000$426,460
07405Butler, NJ 074057.0 mi34$36,928,624$813,944$1,086,136
07457Riverdale, NJ 074577.4 mi5$2,907,750$497,200$581,550
07436Oakland, NJ 074368.1 mi21$18,134,151$750,000$863,531
10925Greenwood Lake, NY 109258.9 mi26$16,382,236$550,000$630,086
07462Vernon, NJ 074629.6 mi80$22,845,760$273,700$285,572
07417Franklin Lakes, NJ 0741710.4 mi27$85,742,496$2,990,000$3,175,648
07866Rockaway, NJ 0786610.9 mi46$25,174,190$532,450$547,265
07419Hamburg, NJ 0741911.1 mi49$25,371,857$452,450$517,793
10931Hillburn, NY 1093111.2 mi5$2,732,900$479,900$546,580

Frequently Asked Questions

How many homes are for sale in WEST MILFORD, NJ 07480?

As of January 2026, there are 57 active listings in WEST MILFORD, NJ (zip code 07480), compared to 64 the prior year.

What is the median home price in WEST MILFORD, NJ 07480?

The median listing price in WEST MILFORD, NJ 07480 is $399,450 as of January 2026, a 5.2% decrease from $421,250 the prior year.

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

Homes in WEST MILFORD, NJ 07480 spend an average of 67 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in WEST MILFORD, NJ 07480?

Based on current inventory and days-on-market data as of January 2026, WEST MILFORD, NJ 07480 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 67 days on market compared to 50 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WEST MILFORD, NJ 07480 save an estimated $7,989 compared to a typical 5% commission on the median listing price of $399,450. 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.