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

Dumont is currently a seller's market with 2.3 months of supply. 87.5% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Dumont is 72/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Dumont?

The median home price in Dumont is $650,000, up 14% year-over-year. The median price per square foot is $440. Homes sell in a median of 77 days with a sale-to-list ratio of 104.5%.

How much does it cost to sell a home in Dumont, New Jersey?

On a $650,000 home in Dumont, a traditional listing agent charges around $19,500 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $52,000 or more. With Ridley Essentials ($999) you save $18,501, and with Ridley Pro ($3,499) you save $16,001 while getting full agent support.

How does Ridley's flat fee compare to a traditional Dumont agent?

A traditional Dumont listing agent typically charges 3% of the sale price — about $19,500 on a $650,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $18,501–$16,001 compared to a traditional agent.

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

The median home in Dumont currently spends 77 days on the market before going under contract, up 8% from last year. 50% of homes go pending within two weeks. At a 104.5% sale-to-list ratio, sellers are getting very close to or above asking price. Only 5.6% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $650,000 home, that could save you up to $16,001.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $19,500 commission.

National/New Jersey

Dumont, NJ

Is Now a Good Time to Sell in Dumont, New Jersey?

The median home in Dumont sells for $650,000 with prices up 14% year-over-year. The average seller pays $19,500 in commissions — Ridley’s flat fee saves you $16,001.

Dumont Real Estate Market Conditions — April 2026

72out of 100

Ridley Sell Score

How it's scored →

Strong

72/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Dumont favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

2.3 months of supply — below the 5-month balanced threshold — 32% below the New Jersey average of 3.4.

Price MomentumFavors sellers

Prices up 14% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 104.5% of asking — sellers are getting 4.5% above list on average. New Jersey average is 99.8%.

Bidding ActivityFavors sellers

87.5% of homes selling above list price — 113% above the New Jersey average of 41.1%.

Sale SpeedNeutral

77 median days on market — 3 days slower than the New Jersey average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors sellers

Only 5.6% of listings have dropped their price — sellers are holding firm. New Jersey average is 14.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$650,000

+14%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+8%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$440

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

104.5%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.3

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

87.5%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

5.6%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$600,000 → $650,000

▲8.3%

$700K$650K$600K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Dumont — delivered monthly.

Your savings

How much can you save selling your home in Dumont?

The average Dumont homeowner saves $16,001 by selling with Ridley instead of paying the traditional 3% listing commission on a $650,000 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Dumont home value

$650,000

$50,000$10M

Traditional Agent (3%)

$19,500

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Dumont?

The total cost to sell a house in Dumont in 2026 ranges from $999 with Ridley Essentials to approximately $19,500 with a traditional 3% commission on a $650,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$19,500	$3,499	$999	$0
Buyer agent	$18,2002.8% avg	$13,000~2% avg	$13,000~2% avg	$18,2002.8% avg
Closing costs (~1.5%)	$9,750	$9,750	$9,750	$9,750
Total cost	$47,450	$26,249	$23,749	$27,950
Net proceeds	$602,550	$623,751	$626,251	$622,050
You save	—	$21,201	$23,701	$19,500No support