Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$1,198,250
-
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Palisades Park has decreased by 10.2% since February.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $337.5K | -6.3% |
| 2 Bedrooms | - | $540K | N/A |
| 3 Bedrooms | $1.1M | $1.1M | +0.6% |
| 4 Bedrooms | $1.1M | $1.1M | -2.6% |
| 5+ Bedrooms | $1.7M | $1.7M | 0.0% |
Summary: Palisades Park housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Leonia | $748.5K | $769K | +2.7% |
| Palisades Park | $1.3M | $1.1M | -10.2% |
Housing Supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 30 | +87.5% |
Summary: The Palisades Park real estate market had 30 homes for sale in March 2024, a 87.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 6 | +500.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Palisades Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 500%, and 5+ bedroom homes increased by 28.6%.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 62 Days | -9.1% |
Summary: Homes in Palisades Park had an average listing age of 62 days in Mar 2024, down by 9.1% compared to the previous month.
