Start with closed comparable sales
Recent sales of similar homes nearby, ideally in the last few months and close by, adjusted for size, bedrooms and baths, condition, lot, parking and location details like a busy street.
Then the competition
Active listings are what buyers compare you to today. Pending sales show where the market is heading.
Automated estimates are a starting point
Online estimates don’t see your renovated kitchen or your neighbor’s junk yard. Town averages like the Division of Taxation’s average sale price, which appear on every town guide, describe the whole town, not your house.
The cost of overpricing
Overpriced homes miss the first-week rush, collect days on market and often sell after price cuts. Pricing right usually attracts more buyers and stronger terms.
Questions, answered
How do I find out what my house is worth?
Request a comparative market analysis from a local agent. Mine is free: get my home value.
General information, not legal, tax or lending advice. Rules change; confirm with your attorney, tax professional or lender.