$4,275 Closing Credit*
$360,000
1 Bed
•1 Full Bath
Barbara Palko, Listing Office: Aldos Realty
Housing Prices in Elmwood Park, NJ
How much do homes in Elmwood Park, NJ cost?
Median List Price
$494,500
$289/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$39,500(+8.7%)
Key Takeaway
The list price of homes in Elmwood Park has increased by 8.7% since last year.
Summary: The median home list price in Elmwood Park was $494,500 in November 2024, up 8.7% from the previous year, and the median price per square foot was $289.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $125K | +8.7% |
| 2 Bedrooms | $400K | $410K | +2.5% |
| 3 Bedrooms | $499K | $562K | +12.6% |
| 4 Bedrooms | $460K | $620K | +34.8% |
| 5+ Bedrooms | $460K | $824.5K | +79.2% |
Summary: Elmwood Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes increased by 79.2%.
Median List Price Compared To Nearby Cities
| Garfield | $444K | $599K | +34.9% |
| Paterson | $369.9K | $462.3K | +24.9% |
| Saddle Brook | $527K | $594.4K | +12.8% |
| Saddle Brook Township | $527K | $594.4K | +12.8% |
| Elmwood Park | $455K | $494.5K | +8.7% |
Housing Supply in Elmwood Park, NJ
How many homes are available in Elmwood Park, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Summary: The Elmwood Park real estate market had 21 homes for sale in November 2024, a 40.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elmwood Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Elmwood Park, NJ
How long does it take to sell a home in Elmwood Park, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 45 Days | -52.6% |
Summary: Homes in Elmwood Park had an average listing age of 45 days in Nov 2024, down by 52.6% compared to the previous year.
