Is Newton, NJ 07860 a buyer’s or seller’s market?

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

Newton is a seller’s market. With about 2.3 months of supply and 64% 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 score61/ 100

#59 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #183 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 supply2.3Under 4 months = seller’s market
Sold above original list63.8%Share of sales, last 3 months
Median sale-to-list103.9%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$283▲ +5.4% vs. last year

The Newton housing market right now

In the three months ending August 31, 2026, 64% of homes in Newton, NJ 07860 sold above their list price, the typical home went under contract in 22 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 58%, homes sold about as fast and the median sale price rose 6% to $490,788. Overall, Newton is more competitive than a year ago, so tougher for buyers.

Within Sussex County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Newton ranks #99 of 444 NJ ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at Augusta 07822 (0% sold over asking) or Vernon 07462 (30% sold over asking), while Andover 07821 (71% sold over asking) and Stanhope 07874 (69% sold over asking) are even more competitive.

Nearby markets

Andover 07821Seller’s market $292 /sq ftAugusta 07822Seller’s market $357 /sq ftBranchville 07826Balanced $289 /sq ftFranklin 07416Seller’s market $234 /sq ft Browse all markets →

Where Newton is

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Questions about Newton real estate

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

A seller’s market: there were 2.3 months of supply in Newton, NJ 07860 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 Newton?

The typical home went under contract in 22 days in the latest three months.

Do homes in Newton sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 103.9% of the list price.

What are property taxes in Newton?

About 2.73% of a home’s value a year in Newton Town, Sussex County, or roughly $10,928 on a $400,000 home.

What is the median home price in Newton?

The median sale price was $490,788 in the three months ending August 31, 2026, about $283 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