$5,047 Closing Credit*
$425,000
3 Beds
•1 Full Bath
Anne Ryan, Listing Office: Coldwell Banker, Ridgewood
Is Saddle Brook Township, 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, Saddle Brook Township was a Buyer's Market.
Key Takeaway
Saddle Brook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saddle Brook Township, NJ
How much do homes in Saddle Brook Township, NJ cost?
Median Sold Price
$706,000
$456/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$186,000(+35.8%)
Key Takeaway
Homes in Saddle Brook Township have sold for 35.8% more than they did a month ago.
Summary: The median home sold price in Saddle Brook Township was $706,000 in November 2024, up 35.8% from last month, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $481K | $471.4K | -2.0% |
| 3 Bedrooms | $520K | $706K | +35.8% |
| 4 Bedrooms | $710K | - | N/A |
| 5+ Bedrooms | - | $999.9K | N/A |
Summary: Saddle Brook Township 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 decreased by 2%, 3 bedroom homes increased by 35.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saddle Brook Township | $520K | $706K | +35.8% |
| Saddle Brook | $520K | $706K | +35.8% |
Housing Supply in Saddle Brook Township, NJ
How many homes are available in Saddle Brook Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Summary: The Saddle Brook Township real estate market had 28 homes for sale in November 2024, a 27.3% increase 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Saddle Brook 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 increased by 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saddle Brook Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Saddle Brook Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Saddle Brook Township, NJ
How long does it take to sell a home in Saddle Brook Township, NJ?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saddle Brook Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Saddle Brook Township; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
