$6,518 Closing Credit*
$548,888
3 Beds
•1 Full Bath
Gabriel Garcia-Quinones, Listing Office: Real
Is Rochelle Park Township, 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, Rochelle Park Township was a Seller's Market.
Key Takeaway
Rochelle Park Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rochelle Park Township, NJ
How much do homes in Rochelle Park Township, NJ cost?
Median Sold Price
$550,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+6.3%)
Key Takeaway
Homes in Rochelle Park Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Rochelle Park Township was $550,000 in November 2024, up 6.3% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | $299K | -11.4% |
| 2 Bedrooms | $430K | $550K | +27.9% |
| 3 Bedrooms | $527.5K | $550K | +4.3% |
| 4 Bedrooms | $525K | $550K | +4.8% |
| 5+ Bedrooms | $625K | $705K | +12.8% |
Summary: Rochelle Park Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Rochelle Park Township | $517.5K | $550K | +6.3% |
| Rochelle Park | $517.5K | $550K | +6.3% |
Housing Supply in Rochelle Park Township, NJ
How many homes are available in Rochelle Park Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Rochelle Park Township real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Rochelle Park Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rochelle Park Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Rochelle Park Township in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rochelle Park Township, NJ
We’re sorry, we don't have information for this market at the moment
