$5,569 Closing Credit*
$469,000
3 Beds
•2 Full Baths
Todd David Behnken, Listing Office: Realty Executives Exceptional Realtors-Wayne
Is Landing, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Landing was a Seller's Market.
Key Takeaway
Landing is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Landing, NJ
How much do homes in Landing, NJ cost?
Median Sold Price
$470,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+11.9%)
Key Takeaway
Homes in Landing have sold for 11.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $343.5K | +5.7% |
| 3 Bedrooms | $400K | $505K | +26.3% |
| 4 Bedrooms | $505K | $505K | 0.0% |
| 5+ Bedrooms | - | $430K | N/A |
Summary: Landing housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 26.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ledgewood | $400K | $455K | +13.8% |
| Landing | $420K | $470K | +11.9% |
| Roxbury Township | $477.5K | $530K | +11.0% |
| Stanhope | $355K | $390K | +9.9% |
| Mount Arlington | $442.5K | $450K | +1.7% |
Housing Supply in Landing, NJ
How many homes are available in Landing, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The Landing real estate market had 18 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Landing housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Landing, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Landing in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Landing, NJ
We’re sorry, we don't have information for this market at the moment
