Kinnelon, NJ Foreclosures
Current Market Conditions in in Kinnelon, NJ As of January 2026?
In the past month, Kinnelon's housing market has shown resilience despite slight fluctuations in interest rates. Homes that are priced appropriately and well-maintained have sold quickly, often above the list price. The inventory remains low, which continues to pressurize the market upwards, resulting in a 5% increase in median home prices compared to last month. Buyers are encouraged to be prepared for competitive bidding situations as the popularity of Kinnelon remains strong among families and professionals.
How much do homes sell for in Kinnelon, NJ?
The average home price is currently $876,119.
In Kinnelon, NJ, how many homes are available?
There are currently 1 active home listings available in Kinnelon.
What’s the average rental cost in Kinnelon, NJ?
The average rental price in Kinnelon is $2,846.
What is the most expensive home in Kinnelon?
The most expensive home sold in Kinnelon had a price of $23,707,392.
What is currently the cheapest priced home in Kinnelon, NJ?
The cheapest home for sale in Kinnelon is priced at $14,059.
Living in Kinnelon, NJ
Kinnelon, NJ is a serene suburban town located in Morris County, known for its beautiful natural surroundings, top-rated schools, and strong community vibe. Residents enjoy a balance of outdoor living and easy access to local amenities. Ideal for families and nature lovers, Kinnelon offers a peaceful lifestyle just a short drive from urban conveniences.
Buyer vs Seller Market in Kinnelon, NJ
Kinnelon’s real estate market remains strong, with properties maintaining their value amidst broader market trends. Recent data reveals that home sales have been steady, particularly in the mid- to upper price segments, driven by families seeking more space and excellent schools. Overall, the demand for homes in this area continues to outpace supply, making it a competitive market.
As interest rates remain relatively low, buyers are motivated to act quickly, resulting in multiple offer situations for desirable homes. Kinnelon features a mix of single-family homes and larger estates, appealing to diverse buyers.
Home Value Estimator For Kinnelon, NJ
There are currently 3,521 real estate properties
in Kinnelon, NJ,
with a median automated valuation model (AVM) price
of $805,286.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kinnelon, 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 Kinnelon, NJ,
is $876,119.00, with the most expensive house
in Kinnelon, NJ, topping out
at $23,707,392.00 and the cheapest home
in Kinnelon, NJ,
clocking in at $14,059.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kinnelon, NJ!
Rent Prices
In Kinnelon, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kinnelon, NJ, is on
a rollercoaster ride. The
average rent price in Kinnelon, NJ,
is $2,846.00. Indeed, when looking to rent in
Kinnelon, NJ, you can expect to pay as little
as $1,450.00 or as much
as $6,600.00,
with the average rent median estimated to
be $2,720.00. The good news is that finding
an affordable and desirable property to rent in Kinnelon, 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.
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