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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyckoff Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Wyckoff Township, NJ

How much do homes in Wyckoff Township, NJ cost?

Median Sold Price

$950,000

-

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$40,000(+4.4%)

Key Takeaway

Homes in Wyckoff Township have sold for 4.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $650K$720K
+10.8%
3 $680K$828.5K
+21.8%
4 $929.5K$1.0M
+14.6%
5+ $1.3M$1.8M
+35.4%

Summary: Wyckoff Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 35.4%.

Median Sold Price Compared To Nearby Cities

Waldwick
+12.6%
Midland Park
+11.2%
Wyckoff
+4.9%
Wyckoff Township
+4.4%
Franklin Lakes
-0.9%

Housing Supply in Wyckoff Township, NJ

How many homes are available in Wyckoff Township, NJ?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2834+21.4%

Summary: The Wyckoff Township real estate market had 34 homes for sale in August 2024, a 21.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 00
0.0%
3 47
+75.0%
4 1415
+7.1%
5+ 911
+22.2%

Summary: The Wyckoff Township housing inventory by bedroom type for August 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 75%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyckoff Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Wyckoff Township in August 2024, up by 100.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Wyckoff Township, 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 12 Days Ago

Newest Listings in Wyckoff Township, NJ

Nearby Markets to Wyckoff Township, NJ

What housing markets are near Wyckoff Township, NJ?