$10,000 Closing Credit*
$899,900
4 Beds
•2 Full Baths, 1 Partial
Jeffrey S. Lattimer, Listing Office: Lattimer Realty
Is Caldwell, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Caldwell has remained a Seller's Market.
Key Takeaway
Caldwell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caldwell, NJ
How much do homes in Caldwell, NJ cost?
Median Sold Price
$820,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$170,000(+26.2%)
Key Takeaway
Homes in Caldwell have sold for 26.2% more than they did a year ago.
Summary: The median home sold price in Caldwell was $820,000 in November 2024, up 26.2% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258K | $275K | +6.6% |
| 2 Bedrooms | $475K | $510K | +7.4% |
| 3 Bedrooms | $624.5K | $675K | +8.1% |
| 4 Bedrooms | $827.5K | $915K | +10.6% |
| 5+ Bedrooms | $1.2M | $1.2M | +5.4% |
Summary: Caldwell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Caldwell | $650K | $820K | +26.2% |
| Essex Fells | $1.0M | $1.3M | +21.9% |
| North Caldwell | $837.5K | $975K | +16.4% |
| West Caldwell Township | $625K | $717.5K | +14.8% |
Housing Supply in Caldwell, NJ
How many homes are available in Caldwell, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 56 | +3.7% |
Summary: The Caldwell real estate market had 56 homes for sale in November 2024, a 3.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Caldwell housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caldwell, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Caldwell in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 21% were sold under asking, 0% were sold at asking, and 79% were sold over asking.
Days on Market for Caldwell, NJ
We’re sorry, we don't have information for this market at the moment
