$10,000 Closing Credit*
$899,000
3 Beds
•4 Full Baths
Thomas Mikalouskas, Listing Office: Keller Williams Valley Realty
Housing Prices in Westwood, NJ
How much do homes in Westwood, NJ cost?
Median List Price
$659,500
$377/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$107,500(+19.5%)
Key Takeaway
The list price of homes in Westwood has increased by 19.5% since last year.
Summary: The median home list price in Westwood was $659,500 in November 2024, up 19.5% from the previous year, and the median price per square foot was $377.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $299.9K | +20.4% |
| 2 Bedrooms | $355.1K | $775K | +118.2% |
| 3 Bedrooms | $584.4K | $669K | +14.5% |
| 4 Bedrooms | $539.4K | $657.5K | +21.9% |
| 5+ Bedrooms | $1.0M | $630K | -41.4% |
Summary: Westwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 118.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 41.4%.
Median List Price Compared To Nearby Cities
| Westwood | $552K | $659.5K | +19.5% |
| Washington Township | $349.9K | $399.4K | +14.2% |
| River Vale Township | $760K | $819K | +7.8% |
| Emerson | $681.5K | $725K | +6.4% |
| Hillsdale | $649.5K | $650K | 0.1% |
Housing Supply in Westwood, NJ
How many homes are available in Westwood, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Westwood real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westwood 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Days on Market for Westwood, NJ
How long does it take to sell a home in Westwood, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 188 Days | 63 Days | -66.2% |
Summary: Homes in Westwood had an average listing age of 63 days in Nov 2024, down by 66.2% compared to the previous year.
