$5,641 Closing Credit*
$475,000
3 Beds
•2 Full Baths
Michael Martinetti, Listing Office: Keller Williams Realty Westfield
Is North Arlington, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, North Arlington was a Seller's Market.
Key Takeaway
North Arlington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Arlington, NJ
How much do homes in North Arlington, NJ cost?
Median Sold Price
$592,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$37,500(-6.0%)
Key Takeaway
Homes in North Arlington have sold for 6% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $485K | - | N/A |
| 3 Bedrooms | - | $625K | N/A |
| 4 Bedrooms | $640K | $560K | -12.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: North Arlington housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.
Housing Supply in North Arlington, NJ
How many homes are available in North Arlington, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 30 | +76.5% |
Summary: The North Arlington real estate market had 30 homes for sale in October 2024, a 76.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 5 | 13 | +160.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Arlington 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 160%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 North Arlington, 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 North Arlington in October 2024, down by 33.3% month-over-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 North Arlington, NJ
We’re sorry, we don't have information for this market at the moment
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