Housing Prices in Teaneck Township, NJ

How much do homes in Teaneck Township, NJ cost?

Median List Price

$557,500

$327/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$99,580(+21.7%)

Key Takeaway

The list price of homes in Teaneck Township has increased by 21.7% since last year.

Summary: The median home list price in Teaneck Township was $557,500 in March 2024, up 21.7% from the previous year, and the median price per square foot was $327.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $269K$195K
-27.5%
2 $379.5K$489K
+28.9%
3 $477.7K$547K
+14.5%
4 $450K$567.5K
+26.1%
5+ $3.2M$924K
-71.1%

Summary: Teaneck Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.5%, 2 bedroom homes increased by 28.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 71.1%.

Median List Price Compared To Nearby Cities

Englewood
+35.2%
Teaneck
+22.8%
Teaneck Township
+21.7%
Bogota
+17.8%
Hackensack
+7.6%

Housing Supply in Teaneck Township, NJ

How many homes are available in Teaneck Township, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2942+44.8%

Summary: The Teaneck Township real estate market had 42 homes for sale in March 2024, a 44.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 812
+50.0%
4 1217
+41.7%
5+ 78
+14.3%

Summary: The Teaneck Township 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 50%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 14.3%.

Days on Market for Teaneck Township, NJ

How long does it take to sell a home in Teaneck Township, NJ?

Average Listing Age

Mar 2023Mar 2024CHANGE
134 Days76 Days-42.8%

Summary: Homes in Teaneck Township had an average listing age of 76 days in Mar 2024, down by 42.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Teaneck Township, NJ

Nearby Markets to Teaneck Township, NJ

What housing markets are near Teaneck Township, NJ?