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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyckoff Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wyckoff Township, NJ

How much do homes in Wyckoff Township, 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 Township 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 $680K$818.5K
+20.4%
4 $887.5K$1.1M
+29.6%
5+ $1.3M$1.4M
+5.1%

Summary: Wyckoff Township 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 20.4%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Waldwick
+18.8%
Franklin Lakes
+9.2%
Wyckoff Township
-0.5%
Wyckoff
-0.5%

Housing Supply in Wyckoff Township, NJ

How many homes are available in Wyckoff Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2132+52.4%

Summary: The Wyckoff Township 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 Township 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 Township, 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 Township 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 Township, 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 20 Days Ago

Newest Listings in Wyckoff Township, NJ

Nearby Markets to Wyckoff Township, NJ

What housing markets are near Wyckoff Township, NJ?