Is Leonia, NJ 07605 a buyer’s or seller’s market?
Leonia is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Leonia housing market right now
In the three months ending August 31, 2026, 50% of homes in Leonia, NJ 07605 sold above their list price, the typical home went under contract in 74 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 63%, homes sold faster (76 days then) and the median sale price rose 8% to $882,118. Overall, Leonia is less competitive than a year ago, which gives buyers more room.
Within Bergen County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 69%.
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.
Run the numbers for 07605
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 →Towns like Leonia nearby
Find towns like Leonia in other states →Where Leonia is
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Questions about Leonia real estate
Is Leonia a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Leonia, NJ 07605 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 Leonia?
The typical home went under contract in 74 days in the latest three months.
Do homes in Leonia sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 103.8% of the list price.
What are property taxes in Leonia?
About 2.20% of a home’s value a year in Leonia Boro, Bergen County, or roughly $8,796 on a $400,000 home.
What is the median home price in Leonia?
The median sale price was $882,118 in the three months ending August 31, 2026, about $469 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