64 homes sold in Towaco in the last year, at a typical $948K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Towaco homes are listed.
Every place Towaco homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Towaco.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 94% of Towaco’s sales, at a typical $971K
64 homes sold in the year to May 2026.
typical sale · 60 sold in 12 months
- Per square foot
- $400NJ $331
- Days to sell
- 49
- Sold over asking
- 62%
- Listings with a price cut
- 13%
Condos: 4 sold, typical $590K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
64 sales in the last year, against 85 in 2018 and a low of 38 in 2023. The typical sale went from $540K in 2016 to $948K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $950K buys in Towaco
Check a listing against what Towaco homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Towaco are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Towaco’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 64 sales.
If you’re buying in Towaco
- Shop in June. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Less room to haggle. Only 12% of listings cut their price, against 21% before the pandemic.
- Expect to bid over asking. Buyers paid 103.7% of the list price on average; 58% paid over.
- You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 50 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 11 a month), but July is the most competitive: 51% of July sales close over asking. June offers nearly as much choice with fewer homes bid up (36%). January has the least competition (22%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Towaco now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 58% | 21% | 56% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 36% | 3% | 3% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 12% | 21% | 11% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 103.7% | 97.6% | 101.8% | 101.2% |
| Days to sellMedian days from listing to contract | 50 | 116 | 89 | 45 |
16 homes for sale on a typical day
That’s 1.9 times the 2024 low (9), 52% fewer than in 2017–19 and well under 2016’s 42.
1 in 8 listings has cut its price
12% in the last year, against 21% in 2017–19 and 17% across New Jersey.
Towaco ranks 104th of 299 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Towaco is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Four things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 2.
Best time to buyCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Montville Township, Lincoln Park, Boonton and Lake Hiawatha sell for less a square foot
The busier markets within 25 miles of Towaco, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Montville Township | 210 | $823K | $379 | 67% | 40 |
| Lincoln Park | 106 | $550K | $354 | 73% | 34 |
| Boonton | 77 | $678K | $349 | 71% | 30 |
| Lake Hiawatha | 75 | $532K | $370 | 63% | 33 |
| Pompton Plains | 72 | $636K | $394 | 67% | 51 |
| Towaco | 64 | $948K | $399 | 58% | 50 |
| Pine Brook | 27 | $914K | $393 | 81% | 30 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Towaco, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Towaco. People who follow the town see it, and so do people comparing Towaco with their own town. No commission, no listing fee.
Questions about buying a home in Towaco
What do homes sell for in Towaco, NJ?
64 homes sold in the year to May 2026 at a typical $948K, $399 a square foot.
Is Towaco a buyer’s or seller’s market?
A balanced market: 24 homes were for sale in May 2026 and 5 sold, about 4.8 months of supply. Buyers paid 103.7% of asking on average, and 12% of listings cut their price.
When is the best time to buy in Towaco?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Towaco?
Zillow, Redfin, Realtor.com and Homes.com all carry Towaco’s MLS listings; the search links above open each one filtered to Towaco.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).