Housing Prices in River Edge, NJ
How much do homes in River Edge, NJ cost?
Median List Price
$709,500
-
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in River Edge has decreased by 20.2% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $618.9K | $599.8K | -3.1% |
| 4 Bedrooms | $804.5K | $720K | -10.5% |
| 5+ Bedrooms | $1.2M | $1.0M | -16.0% |
Summary: River Edge 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 did not change, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 16%.
Median List Price Compared To Nearby Cities
| Oradell | $711K | $869K | +22.2% |
| Hackensack | $365K | $429K | +17.5% |
| New Milford | $569K | $649K | +14.1% |
| Paramus | $794.5K | $888.7K | +11.9% |
| River Edge | $889K | $709.5K | -20.2% |
Housing Supply in River Edge, NJ
How many homes are available in River Edge, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 15 | +275.0% |
Summary: The River Edge real estate market had 15 homes for sale in April 2024, a 275.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 1 | 6 | +500.0% |
Summary: The River Edge 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 500%.
Days on Market for River Edge, NJ
How long does it take to sell a home in River Edge, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 27 Days | -59.3% |
Summary: Homes in River Edge had an average listing age of 27 days in Apr 2024, down by 59.3% compared to the previous year.
