Updated May 2026 · Redfin · 3-month window
07040 Real Estate Market Update: Maplewood, NJ, May 2026
The latest housing-market numbers for ZIP code 07040 in Maplewood, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $1.24M | ▲ +5.5% | ▲ +20.9% |
| Days on market | 12 | ▼ -11.5% | ▼ -11.5% |
| Homes for sale | 43 | ▼ -8.5% | ▼ -21.8% |
| Sale-to-list | 117.2% | ▲ +4.9% | ▲ +1.2% |
| Homes sold | 60 | ▲ +36.4% | ▼ -14.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 07040 numbers say
Prices in Maplewood's 07040 ZIP are still climbing. The median sale price reached $1,239,500, up 20.9% year over year. Homes here move fast: a typical listing goes under contract in about 12 days, and sellers are getting 117.2% of list price.
Based on 60 recent sales, 07040 is currently an active market.
What this means if you sell in 07040
Use these figures to set expectations early. Lead a listing appointment with the median price and the 12-day pace, show the year-over-year direction, and frame 07040 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Maplewood post →Frequently asked: the 07040 housing market
- What is the median home price in ZIP 07040 (Maplewood, NJ)?
- As of May 2026, the median sale price in ZIP 07040 is $1,239,500 (+20.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 07040 a buyer's or seller's market right now?
- ZIP 07040 is currently an active market, based on a 117.2% sale-to-list ratio, about 12 days on market for May 2026.
- How long do homes take to sell in ZIP 07040?
- A typical listing in 07040 goes under contract in about 12 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 07040 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.