$10,000 Closing Credit*
$1,049,900
5 Beds
•2 Full Baths, 1 Partial
Listing Office: COLDWELL BANKER REALTY
Housing Prices in Cedar Knolls, NJ
How much do homes in Cedar Knolls, NJ cost?
Median List Price
$599,000
$295/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$50,000(+9.1%)
Key Takeaway
The list price of homes in Cedar Knolls has increased by 9.1% since last year.
Summary: The median home list price in Cedar Knolls was $599,000 in December 2024, up 9.1% from the previous year, and the median price per square foot was $295.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399.4K | $445K | +11.4% |
| 3 Bedrooms | $537.5K | $475K | -11.6% |
| 4 Bedrooms | $675K | $675K | 0.0% |
| 5+ Bedrooms | $1.1M | $1.0M | -12.9% |
Summary: Cedar Knolls housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 12.9%.
Median List Price Compared To Nearby Cities
| Cedar Knolls | $549K | $599K | +9.1% |
| Parsippany-Troy Hills Township | $549.9K | $599.9K | +9.1% |
| Hanover Township | $599K | $644.4K | +7.6% |
| Morris Township | $747.6K | $784.3K | +4.9% |
| Whippany | $619.9K | $639.4K | +3.1% |
Housing Supply in Cedar Knolls, NJ
How many homes are available in Cedar Knolls, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Cedar Knolls real estate market had 6 homes for sale in December 2024, a 50.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedar Knolls housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Cedar Knolls, NJ
How long does it take to sell a home in Cedar Knolls, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 105 Days | 72 Days | -30.6% |
Summary: Homes in Cedar Knolls had an average listing age of 72 days in Dec 2024, down by 30.6% compared to the previous year.
