$4,749 Closing Credit*
$399,900
3 Beds
•1 Full Bath
Listing Office: BHHS VAN DER WENDE PROPERTIES
Is Woodland Park, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Woodland Park has remained a Seller's Market.
Key Takeaway
Woodland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodland Park, NJ
How much do homes in Woodland Park, NJ cost?
Median Sold Price
$545,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+5.8%)
Key Takeaway
Homes in Woodland Park have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Woodland Park was $545,000 in October 2024, up 5.8% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $345K | N/A |
| 2 Bedrooms | $528.5K | $537.5K | +1.7% |
| 3 Bedrooms | $510K | $507.5K | -0.5% |
| 4 Bedrooms | $485K | $601K | +23.9% |
| 5+ Bedrooms | $811.2K | $602K | -25.8% |
Summary: Woodland Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
| Clifton | $490K | $550K | +12.2% |
| Totowa | $530.5K | $577.4K | +8.8% |
| Woodland Park | $515K | $545K | +5.8% |
| Little Falls | $515K | $515K | 0.0% |
| Little Falls Township | $505K | $503K | -0.4% |
Housing Supply in Woodland Park, NJ
How many homes are available in Woodland Park, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Summary: The Woodland Park real estate market had 39 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodland Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodland Park, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Woodland Park in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Woodland Park, NJ
We’re sorry, we don't have information for this market at the moment
