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Fort Lee, NJ 07024 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Fort Lee, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 7070PendingPending sales: 1313
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): $435k$435k
What homes actually sell for in Fort Lee, NJ
Distribution of 317 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $950k
$140k to $332k: 88 sales88sales$140k$332k to $524k: 80 sales$524k to $716k: 29 sales$524k$716k to $908k: 19 sales$908k to $1.1M: 32 sales$908k$1.1M to $1.29M: 18 sales$1.29M to $1.48M: 14 sales$1.29M$1.48M to $1.68M: 7 salesMedian $435k

What the numbers say

As of October 5, 2026, Resideline is tracking 70 active listings and 13 pending sales in ZIP code 07024. That pending-to-active ratio of 0.19 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 317 closed sales Resideline tracked over the last six months was $435,000. 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 65 days.

Frequently asked questions

What is the median home price in 07024?

The median closed sale price in Fort Lee, NJ 07024 was $435,000 over the last six months, based on 317 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $950,000.

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

Resideline is currently tracking 13 pending sales against 70 active listings in 07024, a pending-to-active ratio of 0.19. 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

Full Fort Lee, NJ housing market report →

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