Is Mount Arlington, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mount Arlington has remained a Seller's Market.
Key Takeaway
Mount Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Arlington, NJ
How much do homes in Mount Arlington, NJ cost?
Median Sold Price
$445,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mount Arlington have sold for 14.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236K | $265K | +12.3% |
| 2 Bedrooms | $355K | $420K | +18.3% |
| 3 Bedrooms | $406K | $462.5K | +13.9% |
| 4 Bedrooms | $465K | $560K | +20.4% |
| 5+ Bedrooms | $542.5K | $640K | +18.0% |
Summary: Mount Arlington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Cities
| Roxbury Township | $445K | $518K | +16.4% |
| Mount Arlington | $387.5K | $445K | +14.8% |
| Ledgewood | $376.7K | $417.4K | +10.8% |
| Landing | $410K | $447.5K | +9.1% |
Housing Supply in Mount Arlington, NJ
How many homes are available in Mount Arlington, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Mount Arlington real estate market had 25 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Arlington 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 increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Arlington, 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 Mount Arlington in April 2024, up by 66.7% 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 Mount Arlington, NJ
We’re sorry, we don't have information for this market at the moment
