Is Irvington Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Irvington Township was a Seller's Market.
Housing Prices in Irvington Township, NJ
How much do homes in Irvington Township, NJ cost?
Median Sold Price
$350,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Irvington Township was $350,000 in March 2024, up 9.4% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87.5K | $207K | +136.6% |
2 Bedrooms | $240K | $295K | +22.9% |
3 Bedrooms | $320K | $350K | +9.4% |
4 Bedrooms | $349.9K | $392.4K | +12.2% |
5+ Bedrooms | $380K | $460K | +21.1% |
Summary: Irvington Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.6%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 21.1%.
Median Sold Price Compared To Nearby Cities
Irvington Township | $320K | $350K | +9.4% |
Irvington | $322.5K | $350K | +8.5% |
Maplewood | $825K | $850K | +3.0% |
Maplewood Township | $825K | $844.5K | +2.4% |
Housing Supply in Irvington Township, NJ
How many homes are available in Irvington Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
134 | 167 | +24.6% |
Summary: The Irvington Township real estate market had 167 homes for sale in March 2024, a 24.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 38 | 42 | +10.5% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 62 | 85 | +37.1% |
Summary: The Irvington Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 37.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Irvington Township in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% were sold over asking.
Days on Market for Irvington Township, NJ
We’re sorry, we don't have information for this market at the moment