$10,000 Closing Credit*
$899,000
3 Beds
•3 Full Baths, 1 Partial
Ruchika Gogia, Listing Office: RE/MAX SELECT- Secaucus
Is Secaucus, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Secaucus has remained a Seller's Market.
Key Takeaway
Secaucus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Secaucus, NJ
How much do homes in Secaucus, NJ cost?
Median Sold Price
$535,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+4.4%)
Key Takeaway
Homes in Secaucus have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Secaucus was $535,000 in November 2024, up 4.4% 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 | $282K | $350K | +24.1% |
| 2 Bedrooms | $415K | $450K | +8.4% |
| 3 Bedrooms | $591K | $621K | +5.1% |
| 4 Bedrooms | $730K | $799K | +9.5% |
| 5+ Bedrooms | $755K | $755K | 0.0% |
Summary: Secaucus housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jersey City | $645.5K | $715K | +10.8% |
| Secaucus | $512.5K | $535K | +4.4% |
| North Bergen Township | $549.9K | $525K | -4.5% |
| North Bergen | $549.9K | $522.5K | -5.0% |
Housing Supply in Secaucus, NJ
How many homes are available in Secaucus, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 64 | +1.6% |
Summary: The Secaucus real estate market had 64 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Secaucus housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Secaucus, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Secaucus in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for Secaucus, NJ
How long does it take to sell a home in Secaucus, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 22 Days | -43.8% |
Summary: Homes in Secaucus had an average of 22 days on market in Nov 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Secaucus are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Secaucus; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.