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Fort Lee, NJ 07024 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Fort Lee, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.28
ActiveActive listings: 6767PendingPending sales: 1919
Fort Lee, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $369k$369kSoldMedian sold price (last 6 months): $465k$465k
What homes actually sell for in Fort Lee, NJ
Distribution of 320 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $960k
$150k to $329k: 79 sales79sales$150k$329k to $507k: 76 sales$507k to $686k: 25 sales$507k$686k to $864k: 25 sales$864k to $1.04M: 33 sales$864k$1.04M to $1.22M: 20 sales$1.22M to $1.4M: 17 sales$1.22M$1.4M to $1.58M: 12 salesMedian $465k

What the numbers say

As of September 14, 2026, Resideline is tracking 67 active listings and 19 pending sales in ZIP code 07024. That pending-to-active ratio of 0.28 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $369,000, while the median of the 320 closed sales Resideline tracked over the last six months was $465,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 07024 for 59 days.

Frequently asked questions

What is the median home price in 07024?

The median closed sale price in Fort Lee, NJ 07024 was $465,000 over the last six months, based on 320 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $960,000.

Is 07024 a buyer's or seller's market?

Resideline is currently tracking 19 pending sales against 67 active listings in 07024, a pending-to-active ratio of 0.28. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 07024 currently looks like a balanced market.

Nearby ZIP code market data

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