North Caldwell Housing Update: Sales Thin, Prices Elevated Into Early 2026
North Caldwell, NJ – March 24, 2026 – Home prices remain elevated with limited sales and tight inventory shaping a competitive early-2026 market.
North Caldwell’s housing market remains tight heading into spring, with elevated prices and limited closed sales shaping early 2026 activity.
Top takeaways
- Median sale price reached about $2,850,000 in February 2026, up year-over-year.
- Only one home closed in February, reflecting very low transaction volume.
- For-sale inventory remains limited, supporting seller leverage.
- Median listing prices are well above $1.6M across active listings.
Market snapshot
According to Redfin, the median sale price in February 2026 was approximately $2,850,000, a sharp increase from a year earlier. However, just one home sold during the month, and median days on market climbed to 121 days, indicating that while headline prices are high, deal flow is thin.
Zillow’s latest data (through January 31, 2026) shows a typical home value around $1,097,824, up 3.4% year-over-year. Inventory remains constrained, with about 10 homes listed at the end of February and only a handful of new listings added during the month.
Realtor.com reports a median listing price near $1,649,950 and characterizes the borough as a seller’s market, with homes selling at roughly asking price on average earlier this winter.
What’s for sale
Current listings span from upper-$600,000s condos and townhomes to luxury single-family properties above $2 million. One notable active listing is a newly constructed five-bedroom home priced around $2.69 million, marketed for March 2026 occupancy. Several other properties are clustered in the $1.6M to $2.9M range, reflecting the borough’s upscale profile and limited turnover.
With few closings but strong list prices, buyers appear selective, while sellers continue to test premium valuations ahead of the traditional spring surge.
Sources
https://www.redfin.com/city/13559/NJ/North-Caldwell/housing-market
https://www.zillow.com/home-values/40043/north-caldwell-nj/
https://www.realtor.com/realestateandhomes-search/North-Caldwell_NJ
https://www.vyllahome.com/marcos/homes-for-sale/NJ/Caldwell/07006
What are you seeing locally — more showings, price reductions, or multiple-offer situations this month?