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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawthorne is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Hawthorne, NJ

How much do homes in Hawthorne, NJ cost?

Median Sold Price

$545,000

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$57,500(+11.8%)

Key Takeaway

Homes in Hawthorne have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Hawthorne was $545,000 in September 2024, up 11.8% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $312.5K$322.5K
+3.2%
2 $455K$482.5K
+6.0%
3 $474.2K$535K
+12.8%
4 $547.5K$625K
+14.2%
5+ $665K$705K
+6.0%

Summary: Hawthorne housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Cities

North Haledon
+16.3%
Hawthorne
+11.8%
Fair Lawn
+9.6%
Wyckoff Township
+8.2%
Glen Rock
+4.0%

Housing Supply in Hawthorne, NJ

How many homes are available in Hawthorne, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5055+10.0%

Summary: The Hawthorne real estate market had 55 homes for sale in September 2024, a 10.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 45
+25.0%
3 1718
+5.9%
4 2020
0.0%
5+ 79
+28.6%

Summary: The Hawthorne housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 11 homes were sold or pending in Hawthorne in September 2024, up by 10.0% month-over-month. Of the 11 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hawthorne, 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 14 Days Ago

Newest Listings in Hawthorne, NJ

Nearby Markets to Hawthorne, NJ

What housing markets are near Hawthorne, NJ?