Housing Prices in Westwood, NJ
How much do homes in Westwood, NJ cost?
Median List Price
$599,925
$221/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Westwood has increased by 9.1% since last year.
Summary: The median home list price in Westwood was $599,925 in March 2024, up 9.1% from the previous year, and the median price per square foot was $221.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $249K | N/A |
| 2 Bedrooms | $355K | - | N/A |
| 3 Bedrooms | $509.9K | $639K | +25.3% |
| 4 Bedrooms | $575K | $588K | +2.3% |
| 5+ Bedrooms | $650K | $599.9K | -7.7% |
Summary: Westwood 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 25.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 7.7%.
Median List Price Compared To Nearby Cities
| Hillsdale | $539.9K | $664.9K | +23.2% |
| Emerson | $629.5K | $712K | +13.1% |
| Westwood | $550K | $599.9K | +9.1% |
| Washington Township | $349.9K | $369.9K | +5.7% |
| River Vale Township | $750K | $760K | +1.3% |
Housing Supply in Westwood, NJ
How many homes are available in Westwood, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Summary: The Westwood real estate market had 12 homes for sale in March 2024, a 100.0% 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 | 3 | 7 | +133.3% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westwood 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 133.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Days on Market for Westwood, NJ
How long does it take to sell a home in Westwood, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 77 Days | 81 Days | +5.2% |
Summary: Homes in Westwood had an average listing age of 81 days in Mar 2024, up by 5.2% compared to the previous year.
