Is Mount Arlington, NJ 07856 a buyer’s or seller’s market?

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

Mount Arlington is a seller’s market. With about 1.2 months of supply and 59% 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 score57/ 100

#69 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #213 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 supply1.2Under 4 months = seller’s market
Sold above original list59.3%Share of sales, last 3 months
Median sale-to-list102.1%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$288▼ −15.4% vs. last year

The Mount Arlington housing market right now

In the three months ending August 31, 2026, 59% of homes in Mount Arlington, NJ 07856 sold above their list price, the typical home went under contract in 25 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (58% then), homes sold more slowly (21 days then) and the median sale price rose 8% to $484,740. Overall, Mount Arlington is about as competitive as it was a year ago.

Within Morris County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 65%. On our competition score, Mount Arlington ranks #82 of 444 NJ ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Hibernia 07842 (0% sold over asking) or New Vernon 07976 (20% sold over asking), while Kenvil 07847 (100% sold over asking) and Mount Tabor 07878 (100% sold over asking) are even more competitive.

Nearby markets

Boonton 07005Seller’s market $365 /sq ftBudd Lake 07828Seller’s market $325 /sq ftButler 07405Seller’s market $342 /sq ftCedar Knolls 07927Seller’s market $392 /sq ft Browse all markets →

Where Mount Arlington is

Loading map…

Questions about Mount Arlington real estate

Is Mount Arlington a buyer’s or seller’s market?

A seller’s market: there were 1.2 months of supply in Mount Arlington, NJ 07856 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 Mount Arlington?

The typical home went under contract in 25 days in the latest three months.

Do homes in Mount Arlington sell over asking?

59% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.

What are property taxes in Mount Arlington?

About 1.93% of a home’s value a year in Mount Arlington Boro, Morris County, or roughly $7,724 on a $400,000 home.

What is the median home price in Mount Arlington?

The median sale price was $484,740 in the three months ending August 31, 2026, about $288 per square foot.

No sponsored agents in 07856 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 07856

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology