Randolph, NJ Foreclosures
Current Market Conditions in in Randolph, NJ As of March 2026?
Over the past month, Randolph's real estate market has seen an increase in median home prices of approximately 2% due to heightened buyer interest and ongoing low inventory. This trend suggests that potential buyers may need to act quickly to secure properties as competition remains high. New listings have occurred, but they are being absorbed rapidly, making the market dynamic and fast-paced.
How much do homes sell for in Randolph, NJ?
The average home price is currently $820,100.
In Randolph, NJ, how many homes are available?
There are currently 7 active home listings available in Randolph.
What’s the average rental cost in Randolph, NJ?
The average rental price in Randolph is $2,675.
What is the most expensive home in Randolph?
The most expensive home sold in Randolph had a price of $31,608,259.
What is currently the cheapest priced home in Randolph, NJ?
The cheapest home for sale in Randolph is priced at $16,887.
Living in Randolph, NJ
Randolph, NJ, is a serene suburban community located in Morris County that boasts beautiful natural landscapes and a family-friendly atmosphere. With excellent schools, plentiful parks, and a vibrant community life, it is an ideal place for families and individuals seeking a peaceful lifestyle while remaining connected to urban conveniences.
Buyer vs Seller Market in Randolph, NJ
The current real estate market in Randolph shows a strong demand for homes, driven by families and individuals looking for a suburban lifestyle with easy access to urban amenities. Home prices have been steadily increasing, reflecting the desirability of the area and limited inventory.
As of recent data, there has been a notable interest in single-family homes, and many properties are experiencing competitive bidding, which suggests a healthy market. Luxury homes are also gaining attention, catering to buyers looking for around 3,000 to 4,000 square feet with modern amenities.
Home Value Estimator For Randolph, NJ
There are currently 7,634 real estate properties
in Randolph, NJ,
with a median automated valuation model (AVM) price
of $764,557.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Randolph, 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 Randolph, NJ,
is $820,100.00, with the most expensive house
in Randolph, NJ, topping out
at $31,608,259.00 and the cheapest home
in Randolph, NJ,
clocking in at $16,887.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Randolph, NJ!
Rent Prices
In Randolph, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Randolph, NJ, is on
a rollercoaster ride. The
average rent price in Randolph, NJ,
is $2,675.00. Indeed, when looking to rent in
Randolph, NJ, you can expect to pay as little
as $1,240.00 or as much
as $5,620.00,
with the average rent median estimated to
be $2,660.00. The good news is that finding
an affordable and desirable property to rent in Randolph, 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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