Is Hawthorne, 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, Hawthorne has remained a Seller's Market.
Housing Prices in Hawthorne, NJ
How much do homes in Hawthorne, NJ cost?
Median Sold Price
$533,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hawthorne was $533,000 in April 2024, up 11% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $322.5K | +21.7% |
2 Bedrooms | $413.5K | $490K | +18.5% |
3 Bedrooms | $465K | $518K | +11.4% |
4 Bedrooms | $555K | $600K | +8.1% |
5+ Bedrooms | $575K | $710K | +23.5% |
Summary: Hawthorne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 23.5%.
Median Sold Price Compared To Nearby Cities
North Haledon | $530K | $639K | +20.6% |
Hawthorne | $480K | $533K | +11.0% |
Fair Lawn | $579.5K | $590K | +1.8% |
Housing Supply in Hawthorne, NJ
How many homes are available in Hawthorne, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 49 | +69.0% |
Summary: The Hawthorne real estate market had 49 homes for sale in April 2024, a 69.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 14 | 21 | +50.0% |
4 Bedrooms | 6 | 13 | +116.7% |
5+ Bedrooms | 3 | 11 | +266.7% |
Summary: The Hawthorne 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 40%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 266.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Hawthorne in April 2024, up by 100.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Hawthorne, NJ
We’re sorry, we don't have information for this market at the moment