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 December 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

$999,999

-

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$107,499(+12.0%)

Key Takeaway

Homes in Wyckoff have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$500K
N/A
2 $685K$725K
+5.8%
3 $770.5K$818.5K
+6.2%
4 $865K$1.1M
+32.9%
5+ $1.4M$1.3M
-4.5%

Summary: Wyckoff housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Cities

Wyckoff Township
+14.3%
North Haledon
+13.7%
Wyckoff
+12.0%

Housing Supply in Wyckoff, NJ

How many homes are available in Wyckoff, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
30300.0%

Summary: The Wyckoff real estate market had 30 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 45
+25.0%
4 1413
-7.1%
5+ 1010
0.0%

Summary: The Wyckoff housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

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 December 2024, the same as the previous 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

How long does it take to sell a home in Wyckoff, NJ?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wyckoff are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Wyckoff; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Wyckoff, NJ

Nearby Markets to Wyckoff, NJ

What housing markets are near Wyckoff, NJ?