Housing Prices in River Edge, NJ
How much do homes in River Edge, NJ cost?
Median List Price
$737,000
-
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in River Edge has decreased by 17.1% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $618.9K | $629.4K | +1.7% |
| 4 Bedrooms | $889K | $725K | -18.4% |
| 5+ Bedrooms | $1.3M | $1.1M | -11.3% |
Summary: River Edge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 11.3%.
Median List Price Compared To Nearby Cities
| Oradell | $711K | $912K | +28.3% |
| New Milford | $535K | $649K | +21.3% |
| Paramus | $790K | $899K | +13.8% |
| Hackensack | $362.5K | $389.9K | +7.6% |
| River Edge | $889K | $737K | -17.1% |
Housing Supply in River Edge, NJ
How many homes are available in River Edge, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The River Edge real estate market had 5 homes for sale in March 2024, a 66.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The River Edge 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for River Edge, NJ
How long does it take to sell a home in River Edge, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 30 Days | -51.8% |
Summary: Homes in River Edge had an average listing age of 30 days in Mar 2024, down by 51.8% compared to the previous year.
