Is Hasbrouck Heights, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hasbrouck Heights is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Hasbrouck Heights, NJ

How much do homes in Hasbrouck Heights, NJ cost?

Median Sold Price

$680,500

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$45,500(+7.2%)

Key Takeaway

Homes in Hasbrouck Heights have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Hasbrouck Heights was $680,500 in August 2024, up 7.2% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 -$481K
N/A
3 $635K$672.5K
+5.9%
4 $525K$651K
+24.0%
5+ $960K$890K
-7.3%

Summary: Hasbrouck Heights housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 24%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Cities

Wood-Ridge
+23.3%
Hasbrouck Heights
+7.2%

Housing Supply in Hasbrouck Heights, NJ

How many homes are available in Hasbrouck Heights, NJ?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2220-9.1%

Summary: The Hasbrouck Heights real estate market had 20 homes for sale in August 2024, a 9.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1113
+18.2%
4 63
-50.0%
5+ 54
-20.0%

Summary: The Hasbrouck Heights housing inventory by bedroom type for August 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 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hasbrouck Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Hasbrouck Heights in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hasbrouck Heights, 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 11 Days Ago

Newest Listings in Hasbrouck Heights, NJ

Nearby Markets to Hasbrouck Heights, NJ

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