Is Stockholm, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stockholm is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Stockholm has remained a Seller's Market.

Key Takeaway

Stockholm is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stockholm, NJ

How much do homes in Stockholm, NJ cost?

Median Sold Price

$375,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.2%)

Key Takeaway

Homes in Stockholm have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $95K$350K
+268.4%
2 $324K$330K
+1.9%
3 $360K$417.5K
+16.0%
4 $480.5K$527.5K
+9.8%
5+ -$710K
N/A

Summary: Stockholm housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 268.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklin
+27.2%
West Milford
+18.8%
West Milford Township
+16.4%
Highland Lakes
+15.6%
Stockholm
+4.2%

Housing Supply in Stockholm, NJ

How many homes are available in Stockholm, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1420+42.9%

Summary: The Stockholm real estate market had 20 homes for sale in November 2024, a 42.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 811
+37.5%
4 24
+100.0%
5+ 00
0.0%

Summary: The Stockholm 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 increased by 25%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stockholm, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Stockholm in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Stockholm, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Stockholm, NJ

Nearby Markets to Stockholm, NJ

What housing markets are near Stockholm, NJ?