Comprehensive market data and analysis• Updated Dec 2025
9.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 15 |
| 1-2 acres | - | 1 | 1 | 5 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 2 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 7 | 25 |
Acreage buckets
The median price for land in Montague, New Jersey is currently $20K per acre. For a typical parcel, the median sale price is $21K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $80K.
Montague, New Jersey is currently a buyer's market with 9.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 506.1% year-over-year.
Montague, New Jersey currently has 9.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 19 active listings in Montague, New Jersey. 15 new listings have hit the market in the last 90 days. The median asking price is $25K.
The 3-month absorption rate in Montague, New Jersey is 10.5%. The 12-month rate is 11.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Montague, New Jersey saw 26 properties sold, totaling $936K in sales volume. In just the last 3 months, 6 properties changed hands.
The current absorption rate in Montague, New Jersey is 10.5% (3-month basis), indicating moderate demand. With appreciating values (+506.1% YoY), the market shows growth potential. The top-performing broker in this market is Realty Executives Exceptional.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
