Is Maywood, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maywood is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Maywood was a Seller's Market.

Key Takeaway

Maywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Maywood, NJ

How much do homes in Maywood, NJ cost?

Median Sold Price

$562,000

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+3.6%)

Key Takeaway

Homes in Maywood have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $375K$285K
-24.0%
3 $531.9K$562K
+5.7%
4 $685K$580K
-15.3%
5+ $540K$587.5K
+8.8%

Summary: Maywood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Rochelle Park
+5.4%
Maywood
+3.6%
Hackensack
-5.3%

Housing Supply in Maywood, NJ

How many homes are available in Maywood, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18+700.0%

Summary: The Maywood real estate market had 8 homes for sale in October 2024, a 700.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 04
+100.0%
5+ 00
0.0%

Summary: The Maywood housing inventory by bedroom type for October 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 300%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maywood, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Maywood in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Maywood, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Maywood, NJ

Nearby Markets to Maywood, NJ

What housing markets are near Maywood, NJ?