Housing Prices in 5th Ward, NJ
How much do homes in 5th Ward, NJ cost?
Median List Price
$469,999
-
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in 5th Ward has remained the same since March.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $499.9K | $442.4K | -11.5% |
| 4 Bedrooms | $445K | $431.5K | -3.0% |
| 5+ Bedrooms | $469.9K | $487.5K | +3.7% |
Summary: 5th Ward housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 3.7%.
Median List Price Compared To Nearby Neighborhoods
| South Paterson | $511.9K | $594.9K | +16.2% |
| Sandy Hill | $449K | $459.9K | +2.4% |
| 5th Ward | $469.9K | $469.9K | 0.0% |
| Downtown Paterson | $487.5K | $475K | -2.6% |
Housing Supply in 5th Ward, NJ
How many homes are available in 5th Ward, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 36 | +44.0% |
Summary: The 5th Ward real estate market had 36 homes for sale in April 2024, a 44.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The 5th Ward housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 30%.
Days on Market for 5th Ward, NJ
How long does it take to sell a home in 5th Ward, NJ?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 Days | 88 Days | -1.7% |
Summary: Homes in 5th Ward had an average listing age of 88 days in Apr 2024, down by 1.7% compared to the previous month.
