$10,000 Closing Credit*
$925,000
4 Beds
•3 Full Baths
Jeffrey Spector, Listing Office: Christie's International Real Estate Group-Hoboken
Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$999,250
-
Based on all homes listed in August 2024.
Difference Since Last Month
+$37,250(+3.9%)
Key Takeaway
The list price of homes in Palisades Park has increased by 3.9% since July.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $350K | 0.0% |
| 2 Bedrooms | $459K | $527K | +14.8% |
| 3 Bedrooms | $1.0M | $999.5K | -5.8% |
| 4 Bedrooms | $920K | $920K | 0.0% |
| 5+ Bedrooms | $1.8M | $1.8M | 0.0% |
Summary: Palisades Park housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 32 | +45.5% |
Summary: The Palisades Park real estate market had 32 homes for sale in August 2024, a 45.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 13 | +116.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Palisades Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 116.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 80 Days | 79 Days | -2.0% |
Summary: Homes in Palisades Park had an average listing age of 79 days in Aug 2024, down by 2% compared to the previous month.
