Is Belvidere, NJ 07823 a buyer’s or seller’s market?

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

Belvidere is a seller’s market. With about 2.1 months of supply and 37% 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.

Competition score67/ 100

More competitive than 71% of U.S. ZIP codes, and #317 of 444 in the state.

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. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list37.1%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$224▲ +1.5% vs. last year

The Belvidere housing market right now

In the three months ending August 31, 2026, 37% of homes in Belvidere, NJ 07823 sold above their list price, the typical home went under contract in 43 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (40 days then) and the median sale price rose 31% to $399,827. Overall, Belvidere is about as competitive as it was a year ago.

Within Warren County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 90%. On our competition score, Belvidere ranks #317 of 444 NJ ZIP codes with enough sales (score 67 out of 100).

Nearby, Vienna 07880 (100% sold over asking) and Columbia 07832 (69% sold over asking) are even more competitive.

Nearby markets

Blairstown 07825Seller’s market $258 /sq ftColumbia 07832Seller’s market $237 /sq ftDelaware 07833 — /sq ftGreat Meadows 07838Seller’s market $265 /sq ft Browse all markets →

Where Belvidere is

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Questions about Belvidere real estate

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

A seller’s market: there were 2.1 months of supply in Belvidere, NJ 07823 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 Belvidere?

The typical home went under contract in 43 days in the latest three months.

Do homes in Belvidere sell over asking?

37% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Belvidere?

About 2.95% of a home’s value a year in Belvidere Town, Warren County, or roughly $11,792 on a $400,000 home.

What is the median home price in Belvidere?

The median sale price was $399,827 in the three months ending August 31, 2026, about $224 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