Is Nutley, NJ 07110 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Nutley is a seller’s market. With about 1.9 months of supply and 64% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score56/ 100

#72 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #223 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply1.9Under 4 months = seller’s market
Sold above original list64.2%Share of sales, last 3 months
Median sale-to-list102.8%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$421▲ +7.9% vs. last year

The Nutley housing market right now

In the three months ending August 31, 2026, 64% of homes in Nutley, NJ 07110 sold above their list price, the typical home went under contract in 30 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 86 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (65% then), homes sold faster (63 days then) and the median sale price rose 7% to $694,699. Overall, Nutley is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Nutley ranks #117 of 444 NJ ZIP codes with enough sales (score 87 out of 100).

Nearby, buyers who want less competition could look at Newark 07102 (25% sold over asking) or Essex Fells 07021 (33% sold over asking), while Glen Ridge 07028 (100% sold over asking) and Montclair 07043 (94% sold over asking) are even more competitive.

Nearby markets

Belleville 07109Seller’s market $372 /sq ftBloomfield 07003Seller’s market $421 /sq ftCaldwell 07006Seller’s market $434 /sq ftCedar Grove 07009Seller’s market $422 /sq ft Browse all markets →

Where Nutley is

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Questions about Nutley real estate

Is Nutley a buyer’s or seller’s market?

A seller’s market: there were 1.9 months of supply in Nutley, NJ 07110 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Nutley?

The typical home went under contract in 30 days in the latest three months.

Do homes in Nutley sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 102.8% of the list price.

What are property taxes in Nutley?

About 2.43% of a home’s value a year in Nutley Twp, Essex County, or roughly $9,704 on a $400,000 home.

What is the median home price in Nutley?

The median sale price was $694,699 in the three months ending August 31, 2026, about $421 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology