$10,000 Closing Credit*
$849,900
4 Beds
•2 Full Baths, 1 Partial
Nicole Moody, Listing Office: Keller Williams Village Square Realty
Is Midland Park, 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, Midland Park was a Neutral Market.
Key Takeaway
Midland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midland Park, NJ
How much do homes in Midland Park, NJ cost?
Median Sold Price
$812,500
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$212,500(+35.4%)
Key Takeaway
Homes in Midland Park have sold for 35.4% 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 | $320K | - | N/A |
| 3 Bedrooms | $577.5K | $677.5K | +17.3% |
| 4 Bedrooms | $647K | $900.5K | +39.2% |
| 5+ Bedrooms | $755K | $837.5K | +10.9% |
Summary: Midland Park 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 did not change, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Midland Park | $600K | $812.5K | +35.4% |
| Ridgewood | $850K | $1.1M | +29.4% |
| Waldwick | $562.5K | $672K | +19.5% |
| Wyckoff Township | $892.5K | $960K | +7.6% |
| Wyckoff | $910K | $960K | +5.5% |
Housing Supply in Midland Park, NJ
How many homes are available in Midland Park, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Midland Park real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Midland Park 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midland Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Midland Park in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Midland Park, NJ
We’re sorry, we don't have information for this market at the moment
