Upper Bergen County market reports › Allendale

Allendale, NJ housing market: August 2026 update

As of August 2026, Allendale is a strong seller's market: homes sold at 105.0% of asking price on average in 2026, with a median sale price of $907,000 (-22.8% vs. 2025) and a median of 57 days from listing to closing.

Median sale price$907,000
Change vs. 2025-22.8%
Sold vs. asking price105.0%
Days, listing to closing57
Homes sold in 202643
New listings in 202664

Source: NJMLS, January through August 2026, all property types, ZIP 07401. Compiled by Sergey Antonov.

Why is the median lower than last year? It mostly reflects the mix of homes that sold, not falling home values. Homes in Allendale still sold at 105.0% of asking. This figure covers every property type, and with 43 sales so far this year, a larger share of townhomes, condos or smaller homes can pull the median down on its own.

If you're selling in Allendale

Homes here routinely sell over asking, so the right list price tends to create competition. The risk is overpricing: a few percent too high can move you from buyers' first choice to their second.

If you're buying in Allendale

Expect competition on well-priced homes. Get fully pre-approved before you tour, and decide your walk-away number before offer night, not during it.

Thinking of selling in Allendale?

See where your home would rank before you pick a price.

I'll pull the 3 to 5 homes in Allendale that buyers would compare yours against, show you where yours would rank, and give you a realistic price range. Free, prepared by me personally, no obligation.

Request your free report

Request received.

I'll pull the homes your Allendale home would compete with and reach out shortly.

Allendale housing market: common questions

Is Allendale a buyer's or seller's market right now?

Allendale is a strong seller's market as of August 2026. Homes sold at 105.0% of asking price on average in 2026, the 9th highest of the 13 Upper Bergen County towns tracked here.

How much over asking do homes sell for in Allendale?

Homes in Allendale sold for 105.0% of their asking price on average from January through August 2026, about 5.0% over asking.

How long does it take to sell a home in Allendale?

The median home in Allendale took 57 days from listing to closing from January through August 2026, including the typical 30 to 45 days between contract and closing. That is the 5th fastest of 13 Upper Bergen towns.

What is the median home price in Allendale, NJ?

The median sale price in Allendale was $907,000 from January through August 2026, down 22.8% from the same period in 2025. This covers all property types; 43 homes sold.

Sergey Antonov

Sergey Antonov, real estate agent with the Jill Biggs Group at Coldwell Banker, 331 Washington St, Hoboken, NJ 07030. NJ License #2550770. Speaks English and Russian. These reports are updated monthly from NJMLS data. Read my Google reviews.

Other Upper Bergen town reports