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

Leonia is currently a seller's market with 2.2 months of supply. 33.3% of homes sell above asking price, and 57.1% go pending within two weeks. The Ridley Sell Score for Leonia is 61/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Leonia?

The median home price in Leonia is $711,950, down 4.8% year-over-year. The median price per square foot is $448. Homes sell in a median of 131 days with a sale-to-list ratio of 100.3%.

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

On a $711,950 home in Leonia, a traditional listing agent charges around $21,359 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $56,956 or more. With Ridley Essentials ($999) you save $20,360, and with Ridley Pro ($3,499) you save $17,860 while getting full agent support.

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

A traditional Leonia listing agent typically charges 3% of the sale price — about $21,359 on a $711,950 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 $20,360–$17,860 compared to a traditional agent.

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

The median home in Leonia currently spends 131 days on the market before going under contract, up 36% from last year. 57.1% of homes go pending within two weeks. At a 100.3% sale-to-list ratio, sellers are getting very close to or above asking price.

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 $711,950 home, that could save you up to $17,860.

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 $21,359 commission.

National/New Jersey

Leonia, NJ

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

The median home in Leonia sells for $711,950 with prices down 4.8% year-over-year. The average seller pays $21,359 in commissions — Ridley’s flat fee saves you $17,860.

Leonia Real Estate Market Conditions — April 2026

61out of 100

Ridley Sell Score

How it's scored →

Moderate

61/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Leonia market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.2 months of supply — below the 5-month balanced threshold — 35% below the New Jersey average of 3.4.

Price MomentumFavors buyers

Prices down 4.8% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 100.3% of asking — sellers are getting 0.3% above list on average. New Jersey average is 99.8%.

Bidding ActivityFavors sellers

33.3% of homes selling above list price — 19% below the New Jersey average of 41.1%.

Sale SpeedFavors buyers

131 median days on market — 57 days slower than the New Jersey average.

Market UrgencyFavors sellers

57.1% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors sellers

Only 0% 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.

$711,950

-4.8%

Days on Market

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

131

+36%

Price per Sq Ft

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

$448

Sale-to-List Ratio

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

100.3%

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.

2.2

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.

33.3%

Moderate demand

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

57.1%

Fast-moving

12-Month Price Trend

$614,500 → $711,950

▲15.9%

$1.0M$900K$800K$700K$600K

MayJulSepNovJanMarApr

Data updated April 2026

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

Your savings

How much can you save selling your home in Leonia?

The average Leonia homeowner saves $17,860 by selling with Ridley instead of paying the traditional 3% listing commission on a $711,950 home.

$0Estimated savings

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

Your Leonia home value

$711,950

$50,000$10M

Traditional Agent (3%)

$21,359

Ridley Pro (flat fee)

$3,499

Ready to sell in Leonia?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

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

The total cost to sell a house in Leonia in 2026 ranges from $999 with Ridley Essentials to approximately $21,359 with a traditional 3% commission on a $711,950 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$21,359	$3,499	$999	$0
Buyer agent	$19,9352.8% avg	$14,239~2% avg	$14,239~2% avg	$19,9352.8% avg
Closing costs (~1.5%)	$10,679	$10,679	$10,679	$10,679
Total cost	$51,973	$28,417	$25,917	$30,614
Net proceeds	$659,977	$683,533	$686,033	$681,336
You save	—	$23,556	$26,056	$21,359No support