$5,106 Closing Credit*
$430,000
2 Beds
•2 Full Baths
Kimberly Fleak, Listing Office: Coldwell Banker, Wyckoff/Franklin Lakes
Is Woodland Park, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Woodland Park has remained a Seller's Market.
Key Takeaway
Woodland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodland Park, NJ
How much do homes in Woodland Park, NJ cost?
Median Sold Price
$545,000
-
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,000(+5.8%)
Key Takeaway
Homes in Woodland Park have sold for 5.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $345K | N/A |
| 2 Bedrooms | $496.2K | $545K | +9.8% |
| 3 Bedrooms | $512.5K | $520K | +1.5% |
| 4 Bedrooms | $550K | $580K | +5.5% |
| 5+ Bedrooms | $811.2K | $602K | -25.8% |
Summary: Woodland Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
| Clifton | $500K | $561.6K | +12.3% |
| Totowa | $542.5K | $580K | +6.9% |
| Woodland Park | $515K | $545K | +5.8% |
| Little Falls | $517.5K | $517.2K | 0% |
| Little Falls Township | $521K | $515K | -1.2% |
Housing Supply in Woodland Park, NJ
How many homes are available in Woodland Park, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The Woodland Park real estate market had 40 homes for sale in December 2024, a 2.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Woodland Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodland Park, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Woodland Park in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Woodland Park, NJ
We’re sorry, we don't have information for this market at the moment
