Is Ho-Ho-Kus, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ho-Ho-Kus is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Ho-Ho-Kus has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ho-Ho-Kus, NJ

How much do homes in Ho-Ho-Kus, NJ cost?

Median Sold Price

$1,277,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$277,501(+27.8%)

Key Takeaway

Homes in Ho-Ho-Kus have sold for 27.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $838K$825K
-1.6%
4 $1.1M$1.2M
+11.1%
5+ $1.5M$1.7M
+11.0%

Summary: Ho-Ho-Kus housing prices by bedroom type for April 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 decreased by 1.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Ho-Ho-Kus
+27.8%
Waldwick
+12.5%
Ridgewood
+8.1%

Housing Supply in Ho-Ho-Kus, NJ

How many homes are available in Ho-Ho-Kus, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
25+150.0%

Summary: The Ho-Ho-Kus real estate market had 5 homes for sale in April 2024, a 150.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 00
0.0%
5+ 02
+100.0%

Summary: The Ho-Ho-Kus 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 1 homes were sold or pending in Ho-Ho-Kus in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ho-Ho-Kus, 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 6 Days Ago

Newest Listings in Ho-Ho-Kus, NJ

Nearby Markets to Ho-Ho-Kus, NJ

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