Fair Lawn Housing Market Report January 2025Bergen County, New Jersey

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Housing Prices in Fair Lawn, NJ

How much do homes in Fair Lawn, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$620,000$406/SqFt
+$55,000
+9.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Fair Lawn has increased by 9.7% since last year.

Summary: The median home list price in Fair Lawn was $620,000 in January 2025, up 9.7% from the previous year, and the median price per square foot was $406.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Elmwood Park
+13.9%
Paramus
+10.5%
Hawthorne
+10.0%
Fair Lawn
+9.7%
Glen Rock
+1.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1-$305K
N/A
2$329.5K$464.4K
+41.0%
3$557.4K$599K
+7.5%
4$575K$624.9K
+8.7%
5$949.9K$869.5K
-8.5%

Summary: Fair Lawn housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +41.0%. The home price for 3 bedroom homes increased by +7.5%. The home price for 4 bedroom homes increased by +8.7%. The home price for 5 bedroom homes decreased by -8.5%.

Housing supply in Fair Lawn, NJ

How many homes are available in Fair Lawn, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
45Last MonthJan 2025
352 months agoDec 2024
+28.6 %
Change MoMDec – Jan

Summary: The Fair Lawn real estate market had 45 homes for sale in Jan 2025, a 28.6 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
267
+16.7%
31313
0.0%
41218
+50.0%
547
+75.0%

Summary: Fair Lawn housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +75.0%.

Asking Price vs. Sold Price

How much do homes in Fair Lawn, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price4 Homes

Under Asking Price0 Home

Insight

If you're buying a home in Fair Lawn, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Fair Lawn in January 2025, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and and 20% were sold over asking.

Days on Market for Fair Lawn, NJ

How long does it take to sell a home in Fair Lawn, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
62 DaysThis YearJan 2025
102 Days1 year agoJan 2024
-39.4 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Fair Lawn had an average listing age of 62 days in Jan 2025, down by 39.4% compared to the previous year.

Newest Listings in Fair Lawn, NJ

What homes are available in Fair Lawn, NJ?

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, and Garden State MLS for the period 02/01/2023 - 02/01/2025

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.