Is Whitman Park, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Whitman Park has remained a Seller's Market.
Housing Prices in Whitman Park, NJ
How much do homes in Whitman Park, NJ cost?
Median Sold Price
$83,500
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Whitman Park was $83,500 in April 2024, up 24.6% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $48K | $88K | +83.3% |
3 Bedrooms | $72K | $82K | +13.9% |
4 Bedrooms | $67.5K | $100K | +48.1% |
5+ Bedrooms | - | - | N/A |
Summary: Whitman Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Whitman Park | $67K | $83.5K | +24.6% |
Parkside | $125K | $143.5K | +14.8% |
Housing Supply in Whitman Park, NJ
How many homes are available in Whitman Park, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Whitman Park real estate market had 27 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Whitman Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Whitman Park in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Whitman Park, NJ
How long does it take to sell a home in Whitman Park, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 71 Days | +24.0% |
Summary: Homes in Whitman Park had an average of 71 days on market in Apr 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Whitman Park; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.