Is Wyckoff, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyckoff is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Wyckoff has remained a Seller's Market.

Key Takeaway

Wyckoff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wyckoff, NJ

How much do homes in Wyckoff, NJ cost?

Median Sold Price

$941,000

-

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$71,000(+8.2%)

Key Takeaway

Homes in Wyckoff have sold for 8.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$500K
N/A
2 $801K$685K
-14.5%
3 $685K$830K
+21.2%
4 $910K$999K
+9.8%
5+ $1.3M$1.8M
+32.9%

Summary: Wyckoff housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 32.9%.

Median Sold Price Compared To Nearby Cities

North Haledon
+16.3%
Wyckoff
+8.2%
Wyckoff Township
+8.2%

Housing Supply in Wyckoff, NJ

How many homes are available in Wyckoff, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2729+7.4%

Summary: The Wyckoff real estate market had 29 homes for sale in September 2024, a 7.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 65
-16.7%
4 1012
+20.0%
5+ 1010
0.0%

Summary: The Wyckoff housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyckoff, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Wyckoff in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Wyckoff, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in Wyckoff, NJ

Nearby Markets to Wyckoff, NJ

What housing markets are near Wyckoff, NJ?