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

# BEDSOct 2024Nov 2024CHANGE
1 $354.4K$354.4K
0.0%
2 $407K$407K
0.0%
3 $1.1M$1.1M
0.0%
4 $1.1M$1.1M
-5.5%
5+ $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 2024Nov 2024CHANGE
2331+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

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 1212
0.0%
4 37
+133.3%
5+ 48
+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 2024Nov 2024CHANGE
82 Days88 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.

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

Report Updated 22 Days Ago

Newest Listings in Palisades Park, NJ

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