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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyckoff is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wyckoff was a Seller's Market.

Key Takeaway

Wyckoff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wyckoff, NJ

How much do homes in Wyckoff, NJ cost?

Median Sold Price

$960,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+5.5%)

Key Takeaway

Homes in Wyckoff have sold for 5.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$500K
N/A
2 $801K$685K
-14.5%
3 $750K$807K
+7.6%
4 $865K$1.1M
+32.9%
5+ $1.3M$1.4M
+2.4%

Summary: Wyckoff housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

Midland Park
+35.4%
North Haledon
+13.1%
Wyckoff Township
+7.6%
Wyckoff
+5.5%

Housing Supply in Wyckoff, NJ

How many homes are available in Wyckoff, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2631+19.2%

Summary: The Wyckoff real estate market had 31 homes for sale in November 2024, a 19.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 66
0.0%
4 1013
+30.0%
5+ 89
+12.5%

Summary: The Wyckoff 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyckoff, 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 Wyckoff in November 2024, down by 71.4% 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 Wyckoff, 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 2 Days Ago

Newest Listings in Wyckoff, NJ

Nearby Markets to Wyckoff, NJ

What housing markets are near Wyckoff, NJ?