16 hours on Rocket
$6,757 Closing Credit¹
#25007893, Tracy M. Tofanelli, Listing Office: Keller Williams Suburban Realty
New Milford Housing Market Report February 2025•Bergen County, New Jersey
Housing Prices in New Milford, NJ
How much do homes in New Milford, NJ cost?
Median List Price
$679,000$365/SqFt
+$80,000
+13.4%
Based on all homes listed in the last 12 months
Insight
The list price of homes in New Milford has increased by 13.4% since last year.
Summary: The median home list price in New Milford was $679,000 in February 2025, up 13.4% from the previous year, and the median price per square foot was $365.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Oradell | $724.9K | $897.4K | +23.8% |
| Dumont | $499K | $599.9K | +20.2% |
| New Milford | $599K | $679K | +13.4% |
| River Edge | $697.5K | $727.5K | +4.3% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $225K | N/A |
| 22 Bedrooms | - | $484K | N/A |
| 33 Bedrooms | $674.9K | $662.5K | -1.8% |
| 44 Bedrooms | $587.4K | $714.4K | +21.6% |
| 55+ Bedrooms | $1.2M | $754K | -41.2% |
Summary: New Milford housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -1.8%. The home price for 4 bedroom homes increased by +21.6%. The home price for 5 bedroom homes decreased by -41.2%.
How does New Milford, NJ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Milford, NJ
Housing supply in New Milford, NJ
How many homes are available in New Milford, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthFeb 2025 | ||
| 182 months agoJan 2025 | +27.8 % Change MoMJan – Feb |
Summary: The New Milford real estate market had 23 homes for sale in Feb 2025, a 27.8 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 8 | 8 | 0.0% |
| 44 Bedrooms | 2 | 6 | +200.0% |
| 55+ Bedrooms | 7 | 7 | 0.0% |
Summary: New Milford housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes remained the same.
Days on Market for New Milford, NJ
How long does it take to sell a home in New Milford, NJ?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 72 DaysThis YearFeb 2025 | ||
| 155 Days1 year agoFeb 2024 | -53.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in New Milford had an average listing age of 72 days in Feb 2025, down by 53.1% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in New Milford, NJ
What homes are available in New Milford, NJ?
1 day on Rocket
$6,352 Closing Credit¹
#25007643, Suzanne Walker, Listing Office: Coldwell Banker, Hillsdale
$7,124 Closing Credit¹
#25006717, Suzanne Walker, Listing Office: Coldwell Banker, Hillsdale
$7,707 Closing Credit¹
#25006071, Mary Gentiluomo, Listing Office: RE/MAX Integrity
$9,013 Closing Credit¹
#25003639, Ed Nouman, Listing Office: RE/MAX Signature Homes
$10,000 Closing Credit¹
#25005125, Anna Lepishina, Listing Office: Prominent Homes Realty, LLC
$5,914 Closing Credit¹
#25005035, Geena Glasel, Listing Office: Howard Hanna Rand Realty, Jersey City
$10,000 Closing Credit¹
#25004636, Kelly Weber, Listing Office: Keller Williams Valley Realty
$10,000 Closing Credit¹
#25002566, David Hanikeh, Listing Office: United Real Estate
3D tour
$9,488 Closing Credit¹
#24050720, Alicia Baez, Listing Office: Corcoran Infinity Properties, Edgewater
$8,776 Closing Credit¹
#24021743, Maria Reyes, Listing Office: Group Twenty Six, LLC
$10,000 Closing Credit¹
#23017483, Kimberly J. Julevic, Listing Office: Prominent Properties Sothebys International Realty-Englewood Cliffs
Nearby markets
Popular Cities with Homes for Sale in New Jersey
- Homes for sale in Atlantic City, NJ
- Homes for sale in Barnegat, NJ
- Homes for sale in Brick, NJ
- Homes for sale in Clifton, NJ
- Homes for sale in Edison, NJ
- Homes for sale in Freehold, NJ
- Homes for sale in Howell, NJ
- Homes for sale in Jackson, NJ
- Homes for sale in Manahawkin, NJ
- Homes for sale in Medford, NJ
- Homes for sale in Middletown, NJ
- Homes for sale in Montclair, NJ
- Homes for sale in Old Bridge, NJ
- Homes for sale in Princeton, NJ
- Homes for sale in Sewell, NJ
- Homes for sale in Sicklerville, NJ
- Homes for sale in Sparta, NJ
- Homes for sale in Toms River, NJ
- Homes for sale in Vineland, NJ
- Homes for sale in Wayne, NJ
- Homes for sale in Westfield, NJ
MLS Disclaimers and Copyright
Based on information from New Jersey MLS, for the period 03/01/2023 - 03/01/2025
Disclaimer: 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.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.