$5,699 Closing Credit*
$479,900
4 Beds
•1 Full Bath, 1 Partial
Isolina Rich, Listing Office: Better Homes & Gardens Real Estate Green Team
Is Stockholm, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Stockholm was a Seller's Market.
Key Takeaway
Stockholm is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stockholm, NJ
How much do homes in Stockholm, NJ cost?
Median Sold Price
$370,000
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.8%)
Key Takeaway
Homes in Stockholm have sold for 2.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $350K | +268.4% |
| 2 Bedrooms | $337K | $330K | -2.1% |
| 3 Bedrooms | $352.5K | $417.5K | +18.4% |
| 4 Bedrooms | $490K | $487.5K | -0.5% |
| 5+ Bedrooms | - | $710K | N/A |
Summary: Stockholm housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 268.4%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Franklin | $277.3K | $350K | +26.2% |
| West Milford | $359.7K | $430K | +19.5% |
| West Milford Township | $371K | $430K | +15.9% |
| Highland Lakes | $316.7K | $351K | +10.8% |
| Stockholm | $360K | $370K | +2.8% |
Housing Supply in Stockholm, NJ
How many homes are available in Stockholm, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Stockholm real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stockholm housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stockholm, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Stockholm in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Stockholm, NJ
We’re sorry, we don't have information for this market at the moment
