Dumont, NJ Foreclosures
How much do homes sell for in Dumont, NJ?
The average home price is currently $645,134.
In Dumont, NJ, how many homes are available?
There are currently 36 active home listings available in Dumont.
What’s the average rental cost in Dumont, NJ?
The average rental price in Dumont is $2,219.
What is the most expensive home in Dumont?
The most expensive home sold in Dumont had a price of $6,049,118.
What is currently the cheapest priced home in Dumont, NJ?
The cheapest home for sale in Dumont is priced at $64,669.
Living in Dumont, NJ
Dumont, New Jersey, a charming suburban community, offers a blend of comfortable living and accessibility. Situated just a short commute from New York City, residents enjoy a peaceful environment with tree-lined streets and friendly neighbors. The area features good schools, parks, and local businesses which contribute to its small-town feel.
Current Market Conditions in Dumont, NJ
The real estate market in Dumont currently reflects a strong demand for residential properties, with prices steadily appreciating over the past year. The attractive location and family-oriented amenities have made Dumont a sought-after area for homebuyers, leading to competitive bidding environments for newly listed properties. Various home types, from charming single-family homes to modern condos, are available, meeting the needs of various buyers.
As of late 2023, the Dumont real estate market has shown resilience with steady listing prices and a limited inventory, resulting in a seller's market. Homeowners can anticipate favorable conditions when selling, while buyers may face challenges due to limited supply but can often benefit from the area's overall growth. Neighborhood development and improvements to local infrastructure are predicted to further enhance property values.
Home Value Estimator For Dumont, NJ
There are currently 5,075 real estate properties
in Dumont, NJ,
with a median automated valuation model (AVM) price
of $634,214.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dumont, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Dumont, NJ,
is $645,134.00, with the most expensive house
in Dumont, NJ, topping out
at $6,049,118.00 and the cheapest home
in Dumont, NJ,
clocking in at $64,669.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dumont, NJ!
Rent Prices
In Dumont, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dumont, NJ, is on
a rollercoaster ride. The
average rent price in Dumont, NJ,
is $2,219.00. Indeed, when looking to rent in
Dumont, NJ, you can expect to pay as little
as $1,320.00 or as much
as $3,300.00,
with the average rent median estimated to
be $2,230.00. The good news is that finding
an affordable and desirable property to rent in Dumont, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
