$10,000 Closing Credit*
$859,999
7 Beds
•4 Full Baths
Raul Cabrera, Listing Office: CAPC Brokerage, LLC
Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$1,019,500
$487/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
+$70,500(+7.4%)
Key Takeaway
The list price of homes in Palisades Park has increased by 7.4% since September.
Summary: The median home list price in Palisades Park was $1,019,500 in October 2024, up 7.4% from the previous month, and the median price per square foot was $487.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $374.9K | $350K | -6.7% |
| 2 Bedrooms | $365K | $365K | 0.0% |
| 3 Bedrooms | $1.0M | $1.0M | +7.2% |
| 4 Bedrooms | $920K | $920K | 0.0% |
| 5+ Bedrooms | $1.7M | $1.7M | 0.0% |
Summary: Palisades Park housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Palisades Park | $949K | $1.0M | +7.4% |
| Ridgefield Park | $612K | $612.5K | 0.1% |
Housing Supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Summary: The Palisades Park real estate market had 36 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 18 | +80.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Palisades Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 87 Days | +10.0% |
Summary: Homes in Palisades Park had an average listing age of 87 days in Oct 2024, up by 10% compared to the previous month.
