$5,581 Closing Credit*
$470,000
2 Beds
•1 Full Bath
Brian S. Kim, Listing Office: Proper Estates, Inc.
Housing Prices in Fort Lee, NJ
How much do homes in Fort Lee, NJ cost?
Median List Price
$529,000
$409/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$170,000(+47.4%)
Key Takeaway
The list price of homes in Fort Lee has increased by 47.4% since last year.
Summary: The median home list price in Fort Lee was $529,000 in September 2024, up 47.4% from the previous year, and the median price per square foot was $409.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $298K | +14.6% |
| 2 Bedrooms | $539.5K | $429K | -20.5% |
| 3 Bedrooms | $699.9K | $911.9K | +30.3% |
| 4 Bedrooms | $599K | $1.2M | +108.7% |
| 5+ Bedrooms | $1.1M | $1.2M | +13.2% |
Summary: Fort Lee housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 108.7%, and 5+ bedroom homes increased by 13.2%.
Median List Price Compared To Nearby Cities
| Englewood Cliffs | $1.2M | $2.7M | +116.2% |
| Edgewater | $454.9K | $757K | +66.4% |
| Fort Lee | $359K | $529K | +47.4% |
| Leonia | $619.9K | $647K | +4.4% |
Housing Supply in Fort Lee, NJ
How many homes are available in Fort Lee, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 73 | 122 | +67.1% |
Summary: The Fort Lee real estate market had 122 homes for sale in September 2024, a 67.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 31 | +93.8% |
| 2 Bedrooms | 15 | 32 | +113.3% |
| 3 Bedrooms | 27 | 36 | +33.3% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Fort Lee housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 93.8%, 2 bedroom homes increased by 113.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 83.3%.
Days on Market for Fort Lee, NJ
How long does it take to sell a home in Fort Lee, NJ?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 315 Days | 65 Days | -79.1% |
Summary: Homes in Fort Lee had an average listing age of 65 days in Sep 2024, down by 79.1% compared to the previous year.
