Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$1,137,000
-
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Palisades Park has decreased by 12.2% since March.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | $337.5K | 0.0% |
| 2 Bedrooms | - | $349.9K | N/A |
| 3 Bedrooms | $1.1M | $1.1M | -7.1% |
| 4 Bedrooms | $950K | $950K | 0.0% |
| 5+ Bedrooms | $1.8M | $1.6M | -9.0% |
Summary: Palisades Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9%.
Median List Price Compared To Nearby Cities
| Leonia | $748.5K | $744K | -0.6% |
| Palisades Park | $1.2M | $1.1M | -12.2% |
Housing Supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 34 | +78.9% |
Summary: The Palisades Park real estate market had 34 homes for sale in April 2024, a 78.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 16 | +128.6% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Palisades Park 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 increased by 100%, 3 bedroom homes increased by 128.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 42.9%.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 51 Days | +6.3% |
Summary: Homes in Palisades Park had an average listing age of 51 days in Apr 2024, up by 6.3% compared to the previous month.
