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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyckoff is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Wyckoff has remained a Seller's Market.

Key Takeaway

Wyckoff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wyckoff, NJ

How much do homes in Wyckoff, NJ cost?

Median Sold Price

$905,000

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-0.5%)

Key Takeaway

Homes in Wyckoff have sold for 0.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$500K
N/A
2 $801K$685K
-14.5%
3 $700K$818.5K
+16.9%
4 $887.5K$1.1M
+29.6%
5+ $1.3M$1.4M
+5.1%

Summary: Wyckoff 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 decreased by 14.5%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

North Haledon
+13.1%
Franklin Lakes
+9.2%
Wyckoff
-0.5%
Wyckoff Township
-0.5%

Housing Supply in Wyckoff, NJ

How many homes are available in Wyckoff, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2132+52.4%

Summary: The Wyckoff real estate market had 32 homes for sale in October 2024, a 52.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 37
+133.3%
4 913
+44.4%
5+ 710
+42.9%

Summary: The Wyckoff housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyckoff, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wyckoff in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 4 Days Ago

Newest Listings in Wyckoff, NJ

Nearby Markets to Wyckoff, NJ

What housing markets are near Wyckoff, NJ?