$10,000 Closing Credit*
$900,000
3 Beds
•3 Full Baths, 1 Partial
Mun Hong Lee, Listing Office: Cosmo Realty, Inc.
Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$1,125,000
$487/sqft
Based on all homes listed in November 2024.
Difference Since Last Month
-$65,000(-5.5%)
Key Takeaway
The list price of homes in Palisades Park has decreased by 5.5% since October.
Summary: The median home list price in Palisades Park was $1,125,000 in November 2024, down 5.5% from the previous month, and the median price per square foot was $487.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $354.4K | $354.4K | 0.0% |
| 2 Bedrooms | $407K | $407K | 0.0% |
| 3 Bedrooms | $1.1M | $1.1M | 0.0% |
| 4 Bedrooms | $1.1M | $1.1M | -5.5% |
| 5+ Bedrooms | $1.6M | $1.6M | -1.5% |
Summary: Palisades Park housing prices by bedroom type for November 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 5.5%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 31 | +34.8% |
Summary: The Palisades Park real estate market had 31 homes for sale in November 2024, a 34.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Palisades 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 increased by 133.3%, and 5+ bedroom homes increased by 100%.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 88 Days | +6.6% |
Summary: Homes in Palisades Park had an average listing age of 88 days in Nov 2024, up by 6.6% compared to the previous month.
