Is Englewood Cliffs, NJ 07632 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Englewood Cliffs is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Heat score7/ 100

#88 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #516 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 supply4Under 4 months = seller’s market
Sold above original list30.4%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$625▲ +9.9% vs. last year

The Englewood Cliffs housing market right now

In the three months ending August 31, 2026, 30% of homes in Englewood Cliffs, NJ 07632 sold above their list price, the typical home went under contract in 88 days and there were 4 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 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (102 days then) and the median sale price rose 25% to $2,259,022. Overall, Englewood Cliffs is less competitive than a year ago, which gives buyers more room.

Within Bergen County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Englewood Cliffs ranks #423 of 444 NJ ZIP codes with enough sales (score 36 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 Englewood Cliffs is

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Questions about Englewood Cliffs real estate

Is Englewood Cliffs a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Englewood Cliffs, NJ 07632 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 Englewood Cliffs?

The typical home went under contract in 88 days in the latest three months.

Do homes in Englewood Cliffs sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Englewood Cliffs?

About 0.99% of a home’s value a year in Englewood Cliffs Boro, Bergen County, or roughly $3,980 on a $400,000 home.

What is the median home price in Englewood Cliffs?

The median sale price was $2,259,022 in the three months ending August 31, 2026, about $625 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