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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Ho-Ho-Kus was a Seller's Market.

Key Takeaway

Ho-Ho-Kus is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ho-Ho-Kus, NJ

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

Median Sold Price

$1,227,000

-

Based on all homes sold in September 2024.

Difference Since Last Month

+$417,000(+51.5%)

Key Takeaway

Homes in Ho-Ho-Kus have sold for 51.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $810K$1.2M
+51.5%
5+ --
N/A

Summary: Ho-Ho-Kus housing prices by bedroom type for September 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 did not change, 4 bedroom homes increased by 51.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saddle River
+264.4%
Ho-Ho-Kus
+51.5%

Housing Supply in Ho-Ho-Kus, NJ

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
47+75.0%

Summary: The Ho-Ho-Kus real estate market had 7 homes for sale in September 2024, a 75.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 14
+300.0%

Summary: The Ho-Ho-Kus housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

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 September 2024, the same as the previous 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

What housing markets are near Ho-Ho-Kus, NJ?