Is North Caldwell, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Caldwell was a Seller's Market.
Housing Prices in North Caldwell, NJ
How much do homes in North Caldwell, NJ cost?
Median Sold Price
$845,000
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $436K | - | N/A |
2 Bedrooms | $709K | $750K | +5.8% |
3 Bedrooms | $667.5K | $755K | +13.1% |
4 Bedrooms | $945K | $942.5K | -0.3% |
5+ Bedrooms | $1.3M | $1.3M | -1.9% |
Summary: North Caldwell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Verona Township | $595K | $665K | +11.8% |
Verona | $595K | $665K | +11.8% |
Cedar Grove | $645K | $680K | +5.4% |
Cedar Grove Township | $650K | $685K | +5.4% |
North Caldwell | $915K | $845K | -7.7% |
Housing Supply in North Caldwell, NJ
How many homes are available in North Caldwell, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 34 | +36.0% |
Summary: The North Caldwell real estate market had 34 homes for sale in May 2024, a 36.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 9 | 15 | +66.7% |
Summary: The North Caldwell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in North Caldwell in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for North Caldwell, NJ
We’re sorry, we don't have information for this market at the moment