Is Port Murray, NJ 07865 a buyer’s or seller’s market?

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

Port Murray is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list62.5%Share of sales, last 3 months
Median sale-to-list104.2%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$408▲ +25.0% vs. last year

The Port Murray housing market right now

In the three months ending August 31, 2026, 63% of homes in Port Murray, NJ 07865 sold above their list price, the typical home went under contract in 17 days and there were 4.8 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. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (25 days then) and the median sale price fell 29% to $452,304. Overall, Port Murray is more competitive than a year ago, so tougher for buyers.

Within Warren County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 70%.

Nearby, buyers who want less competition could look at Oxford 07863 (37% sold over asking) or Belvidere 07823 (37% sold over asking), while Vienna 07880 (100% sold over asking) and Columbia 07832 (69% sold over asking) are even more competitive.

Nearby markets

Belvidere 07823Seller’s market $224 /sq ftBlairstown 07825Seller’s market $258 /sq ftColumbia 07832Seller’s market $237 /sq ftDelaware 07833 — /sq ft Browse all markets →

Where Port Murray is

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Questions about Port Murray real estate

Is Port Murray a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Port Murray, NJ 07865 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 Port Murray?

The typical home went under contract in 17 days in the latest three months.

Do homes in Port Murray sell over asking?

63% of homes sold above their original list price, and the typical sale closed at 104.2% of the list price.

What are property taxes in Port Murray?

About 2.41% of a home’s value a year in Warren County, where towns range from 1.59% to 3.00%, or roughly $9,640 on a $400,000 home.

What is the median home price in Port Murray?

The median sale price was $452,304 in the three months ending August 31, 2026, about $408 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