Is Mahwah, NJ 07430 a buyer’s or seller’s market?

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

Mahwah is a seller’s market. With about 2.2 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

#30 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #226 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 supply2.2Under 4 months = seller’s market
Sold above original list64%Share of sales, last 3 months
Median sale-to-list104.7%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$427▲ +2.9% vs. last year

The Mahwah housing market right now

In the three months ending August 31, 2026, 64% of homes in Mahwah, NJ 07430 sold above their list price, the typical home went under contract in 57 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 132 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 69%, homes sold faster (62 days then) and the median sale price rose 1% to $724,686. Overall, Mahwah is about as competitive as it was a year ago.

Within Bergen County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Mahwah ranks #206 of 444 NJ ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.

Nearby markets

Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →

Where Mahwah is

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Questions about Mahwah real estate

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

A seller’s market: there were 2.2 months of supply in Mahwah, NJ 07430 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 Mahwah?

The typical home went under contract in 57 days in the latest three months.

Do homes in Mahwah sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 104.7% of the list price.

What are property taxes in Mahwah?

About 1.56% of a home’s value a year in Mahwah Twp, Bergen County, or roughly $6,252 on a $400,000 home.

What is the median home price in Mahwah?

The median sale price was $724,686 in the three months ending August 31, 2026, about $427 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