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Old Clove Church, Wantage, NJPhoto: Daniel Case · CC BY-SA 3.0
Housing in Wantage Township

186 homes sold in Wantage Township in the last year, at a typical $427K

Redfin reports Wantage Township’s sales by ZIP code, so these figures are for ZIP 07461, which takes in Wantage Township and the area around it. 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 Wantage Township homes are listed.

Homes for sale in Wantage TownshipZillowRealtor.comMore places to look ↓
Homes sold
186
ZIP 07461 · June 2025 to May 2026
Typical sale price
$427K
median, weighted by sales
Price per square foot
$246
New Jersey $339
Paid vs. asking
101.1%
52% sold over asking
For sale now
52
May 2026 · 14 sold that month
What sold · last 12 months · ZIP 07461

Houses are 97% of Wantage Township’s sales, at a typical $427K

186 homes sold in the year to May 2026.

Houses$427K

typical sale · 180 sold in 12 months

Per square foot
$247NJ $331
Days to sell
39
Sold over asking
52%
10 years of sales

Fewer homes sell than before 2021, at 2.2 times the 2016 price

186 sales in the last year, against 343 in 2020 and a low of 194 in 2023. The typical sale went from $190K in 2016 to $427K.

Homes soldTypical sale price
087175262350$200K$300K$400K$500K2016: 253 sold, typical $190K’162017: 295 sold, typical $195K2018: 297 sold, typical $193K’182019: 291 sold, typical $228K2020: 343 sold, typical $266K’202021: 339 sold, typical $324K2022: 274 sold, typical $344K’222023: 194 sold, typical $359K2024: 196 sold, typical $409K’242025: 195 sold, typical $416KLast 12 months: 186 sold, typical $427KNow

Source: Redfin Data Center, MLS sales; for ZIP 07461, which takes in Wantage Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Wantage Township

Houseat $247 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Wantage Township 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.

What the sales history says · 10 years of sales

Bidding wars in Wantage Township are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of home sales in ZIP 07461 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, 186 sales.

If you’re buying in Wantage Township

  • Shop in September. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
  • Bid near asking. Buyers paid 101.1% of the list price on average; 52% paid over.
  • You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 39 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 35 a month), but June is the most competitive: 40% of June sales close over asking. August and September offer nearly as much choice with fewer homes bid up (37%). February has the least competition (32%) but only about 21 new listings.

New listings a monthShare sold over asking
01020304020%40%60%Sweet spotJan: 20 new listings a month, 34% sold over asking, 106 days to sellJFeb: 21 new listings a month, 32% sold over asking, 111 days to sellFMar: 24 new listings a month, 35% sold over asking, 118 days to sellMApr: 28 new listings a month, 36% sold over asking, 111 days to sellAMay: 31 new listings a month, 38% sold over asking, 105 days to sellMJun: 34 new listings a month, 40% sold over asking, 99 days to sellJJul: 35 new listings a month, 36% sold over asking, 101 days to sellJAug: 33 new listings a month, 37% sold over asking, 96 days to sellASep: 30 new listings a month, 36% sold over asking, 96 days to sellSOct: 28 new listings a month, 35% sold over asking, 95 days to sellONov: 26 new listings a month, 35% sold over asking, 96 days to sellNDec: 22 new listings a month, 33% sold over asking, 100 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like New Jersey as a whole

Wantage Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price52%23%53%48%
Gone within two weeksShare of homes under contract within 14 days17%1%2%31%
Listings with a price cutShare of homes for sale that cut their price———17%
Price paid vs. askingAverage sale price ÷ list price101.1%97.1%101.2%101.2%
Days to sellMedian days from listing to contract391279245
Supply

52 homes for sale on a typical day

That’s 1.3 times the 2024 low (39), 71% fewer than in 2017–19 and well under 2017’s 189.

2016: 176 for sale’162017: 189 for sale2018: 183 for sale2019: 163 for sale’192020: 137 for sale2021: 104 for sale2022: 74 for sale’222023: 47 for sale2024: 39 for sale2025: 50 for sale’25Last 12 months: 52 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 07461, which takes in Wantage Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wantage Township home costs about $3,021 a month

Mortgage
Property tax
Insurance
Rent

Price: Wantage Township’s typical sale, last 12 months. Property tax at Wantage Township’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wantage Township is affordable on local pay is on Cost of living.

Before you buy in Wantage Township

Six things worth knowing

35

New listings in July

The month with the most choice. January has the fewest, about 20.

Best time to buy
2.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $427K home, about $9,530 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Wantage Township, from test results, graduation and how much students grow.

Schools in Wantage Township
36 min

Typical commute

The average one-way trip to work for people who live in Wantage Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Sussex, Matamoras and Port Jervis sell for less a square foot

The busier markets within 25 miles of Wantage Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Wantage Township (ZIP 07461)186$427K$24652%39
Vernon Center91$213K$24922%55
Port Jervis91$288K$18431%53
Hamburg82$371K$25155%48
Minisink36$487K$24247%45
Matamoras34$296K$21824%26
Sussex20$373K$23345%39

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.

Selling, or renting out?

Post your home to Wantage Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wantage Township. People who follow the town see it, and so do people comparing Wantage Township with their own town. No commission, no listing fee.

Questions about buying a home in Wantage Township

What do homes sell for in Wantage Township, NJ?

186 homes sold in the year to May 2026 at a typical $427K, $246 a square foot.

Is Wantage Township a buyer’s or seller’s market?

A seller’s market: 52 homes were for sale in May 2026 and 14 sold, about 3.7 months of supply. Buyers paid 101.1% of asking on average.

When is the best time to buy in Wantage Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Wantage Township?

About 2.2% of a home’s value a year. On a $427K home that’s near $9,530.

Where can I see homes for sale in Wantage Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Wantage Township’s MLS listings; the search links above open each one filtered to Wantage Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07461, which takes in Wantage Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).