$7,707 Closing Credit*
$649,000
1,770 SqFt
3 Beds
•2 Full Baths
Listing Office: KELLER WILLIAMS VILLAGE SQUARE
Is Rochelle Park Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Rochelle Park Township was a Seller's Market.
Key Takeaway
Rochelle Park Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Rochelle Park Township, NJ
How much do homes in Rochelle Park Township, NJ cost?
Median Sold Price
$550,000
-
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$55,000(+11.1%)
Key Takeaway
Homes in Rochelle Park Township have sold for 11.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $335K | -1.5% |
| 2 Bedrooms | $350K | $650K | +85.7% |
| 3 Bedrooms | $495K | $550K | +11.1% |
| 4 Bedrooms | $522K | $531K | +1.7% |
| 5+ Bedrooms | $625K | $705K | +12.8% |
Summary: Rochelle Park Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Rochelle Park Township | $495K | $550K | +11.1% |
| Rochelle Park | $495K | $550K | +11.1% |
Housing Supply in Rochelle Park Township, NJ
How many homes are available in Rochelle Park Township, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Rochelle Park Township real estate market had 13 homes for sale in August 2024, a 7.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rochelle Park Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rochelle Park Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rochelle Park Township in August 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rochelle Park Township, NJ
We’re sorry, we don't have information for this market at the moment
