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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wallington is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wallington was a Buyer's Market.

Key Takeaway

Wallington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wallington, NJ

How much do homes in Wallington, NJ cost?

Median Sold Price

$600,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$25,000(-4.0%)

Key Takeaway

Homes in Wallington have sold for 4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $515K$490K
-4.9%
4 -$710K
N/A
5+ $735K-
N/A

Summary: Wallington housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wallington, NJ

How many homes are available in Wallington, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1714-17.6%

Summary: The Wallington real estate market had 14 homes for sale in December 2024, a 17.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 41
-75.0%
4 65
-16.7%
5+ 67
+16.7%

Summary: The Wallington housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Wallington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wallington in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wallington, 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 4 Days Ago

Newest Listings in Wallington, NJ

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