Is Closter, NJ 07624 a buyer’s or seller’s market?

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

Closter is a seller’s market. With about 3 months of supply and 42% 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 score27/ 100

#62 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #428 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 supply3Under 4 months = seller’s market
Sold above original list42.4%Share of sales, last 3 months
Median sale-to-list103%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$541▲ +7.8% vs. last year

The Closter housing market right now

In the three months ending August 31, 2026, 42% of homes in Closter, NJ 07624 sold above their list price, the typical home went under contract in 74 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 54%, homes sold about as fast and the median sale price fell 7% to $1,399,394. Overall, Closter 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 81%. On our competition score, Closter ranks #332 of 444 NJ ZIP codes with enough sales (score 65 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 Closter is

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Questions about Closter real estate

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

A seller’s market: there were 3 months of supply in Closter, NJ 07624 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 Closter?

The typical home went under contract in 74 days in the latest three months.

Do homes in Closter sell over asking?

42% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.

What are property taxes in Closter?

About 2.02% of a home’s value a year in Closter Boro, Bergen County, or roughly $8,068 on a $400,000 home.

What is the median home price in Closter?

The median sale price was $1,399,394 in the three months ending August 31, 2026, about $541 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