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Updated May 2026 · Redfin · 3-month window

07042 Real Estate Market Update: Montclair, NJ, May 2026

The latest housing-market numbers for ZIP code 07042 in Montclair, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 07042 · Montclair, NJ · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$1.3M▲ +3.0%▲ +30.1%
Days on market28▼ -9.7%▼ -39.1%
Homes for sale44▼ -25.4%▼ -27.9%
Sale-to-list119.4%▲ +6.2%▲ +0.7%
Homes sold53▲ +26.2%• 0.0%

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 07042 numbers say

Prices in Montclair's 07042 ZIP are still climbing. The median sale price reached $1,300,000, up 30.1% year over year. Homes here move fast: a typical listing goes under contract in about 28 days, and sellers are getting 119.4% of list price.

Based on 53 recent sales, 07042 is currently an active market.

What this means if you sell in 07042

Use these figures to set expectations early. Lead a listing appointment with the median price and the 28-day pace, show the year-over-year direction, and frame 07042 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 07042 housing market

What is the median home price in ZIP 07042 (Montclair, NJ)?
As of May 2026, the median sale price in ZIP 07042 is $1,300,000 (+30.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 07042 a buyer's or seller's market right now?
ZIP 07042 is currently an active market, based on a 119.4% sale-to-list ratio, about 28 days on market for May 2026.
How long do homes take to sell in ZIP 07042?
A typical listing in 07042 goes under contract in about 28 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 07042 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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<a href="https://getlokal.io/nj/zip/07042/" rel="dofollow">07042 Montclair real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.