Is Clifton, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Clifton was a Seller's Market.
Key Takeaway
Clifton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clifton, NJ
How much do homes in Clifton, NJ cost?
Median Sold Price
$522,666
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clifton have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Clifton was $522,666 in April 2024, up 12.2% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236.5K | $289.9K | +22.6% |
| 2 Bedrooms | $410K | $455.5K | +11.1% |
| 3 Bedrooms | $480K | $530K | +10.4% |
| 4 Bedrooms | $527K | $587K | +11.4% |
| 5+ Bedrooms | $659K | $701K | +6.4% |
Summary: Clifton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Clifton | $466K | $522.6K | +12.2% |
| Elmwood Park | $455K | $480.7K | +5.7% |
| Woodland Park | $510K | $517.5K | +1.5% |
Housing Supply in Clifton, NJ
How many homes are available in Clifton, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 127 | 184 | +44.9% |
Summary: The Clifton real estate market had 184 homes for sale in April 2024, a 44.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 7 | -30.0% |
| 2 Bedrooms | 26 | 29 | +11.5% |
| 3 Bedrooms | 44 | 77 | +75.0% |
| 4 Bedrooms | 27 | 44 | +63.0% |
| 5+ Bedrooms | 20 | 27 | +35.0% |
Summary: The Clifton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 63%, and 5+ bedroom homes increased by 35%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clifton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Clifton in April 2024, down by 16.7% month-over-month. Of the 20 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Clifton, NJ
We’re sorry, we don't have information for this market at the moment
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