$7,113 Closing Credit*
$599,000
3 Beds
•2 Full Baths, 1 Partial
Danielle G. Genovese, Listing Office: Premiumone Realty
Housing Prices in Elmwood Park, NJ
How much do homes in Elmwood Park, NJ cost?
Median List Price
$549,000
$305/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$94,000(+20.7%)
Key Takeaway
The list price of homes in Elmwood Park has increased by 20.7% since last year.
Summary: The median home list price in Elmwood Park was $549,000 in September 2024, up 20.7% from the previous year, and the median price per square foot was $305.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193.5K | $125K | -35.4% |
| 2 Bedrooms | $400K | $407.5K | +1.9% |
| 3 Bedrooms | $499K | $562K | +12.6% |
| 4 Bedrooms | $459K | $575K | +25.3% |
| 5+ Bedrooms | $460K | $824K | +79.1% |
Summary: Elmwood Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 79.1%.
Median List Price Compared To Nearby Cities
| Garfield | $416.5K | $599K | +43.8% |
| Paterson | $369.9K | $469K | +26.8% |
| Elmwood Park | $455K | $549K | +20.7% |
| Saddle Brook | $527K | $589.4K | +11.9% |
| Saddle Brook Township | $527K | $589.4K | +11.9% |
Housing Supply in Elmwood Park, NJ
How many homes are available in Elmwood Park, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Elmwood Park real estate market had 23 homes for sale in September 2024, a 15.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Elmwood Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 80%.
Days on Market for Elmwood Park, NJ
How long does it take to sell a home in Elmwood Park, NJ?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 96 Days | 48 Days | -49.2% |
Summary: Homes in Elmwood Park had an average listing age of 48 days in Sep 2024, down by 49.2% compared to the previous year.
