New - 5 hours on Rocket
$10,000 Closing Credit¹
Erika M. Melchior, Listing Office: Vikki Healey Properties, LLC
Palisades Park Housing Market Report December 2024•Bergen County, New Jersey
Housing Prices in Palisades Park, NJ
How much do homes in Palisades Park, NJ cost?
Median List Price
$1,100,000–
-$97,500
-8.1%
Based on all homes listed in December 2024
Insight
The list price of homes in Palisades Park has decreased by 8.1% since November.
Summary: The median home list price in Palisades Park was $1,100,000 in December 2024, down 8.1% from the previous month, and the median price per square foot was $0.
Median List Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Leonia | $742K | $796.5K | +7.3% |
| Palisades Park | $1.1M | $1.1M | -8.1% |
Median List Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $354.4K | $354.4K | 0.0% |
| 22 Bedrooms | $407K | $407K | 0.0% |
| 33 Bedrooms | $1.1M | $1.0M | -11.1% |
| 44 Bedrooms | $1.1M | $1.1M | 0.0% |
| 55+ Bedrooms | $1.7M | $1.4M | -14.6% |
Summary: Palisades Park housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -11.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -14.6%.
Housing supply in Palisades Park, NJ
How many homes are available in Palisades Park, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthDec 2024 | ||
| 352 months agoNov 2024 | +8.6 % Change MoMNov – Dec |
Summary: The Palisades Park real estate market had 38 homes for sale in Dec 2024, a 8.6 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 12 | 14 | +16.7% |
| 44 Bedrooms | 8 | 8 | 0.0% |
| 55+ Bedrooms | 11 | 12 | +9.1% |
Summary: Palisades Park housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +9.1%.
Asking Price vs. Sold Price
How much do homes in Palisades Park, NJ cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Palisades Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Palisades Park in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Palisades Park, NJ
How long does it take to sell a home in Palisades Park, NJ?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 87 DaysLast MonthDec 2024 | ||
| 84 Days1 month agoNov 2024 | +4.4 % Change MoMNov – Dec |
Summary: Homes in Palisades Park had an average listing age of 87 days in Dec 2024, up by 4.4% compared to the previous month.
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Newest Listings in Palisades Park, NJ
What homes are available in Palisades Park, NJ?
$10,000 Closing Credit¹
Dara Ye, Listing Office: Acre NJ LLC
$10,000 Closing Credit¹
In Chang, Listing Office: Christies International Real Estate Group-Fort Lee
$10,000 Closing Credit¹
Jae H. Kim, Listing Office: RE/MAX Now
$10,000 Closing Credit¹
William Broderick, Listing Office: Ridgeco Properties, Inc.
$10,000 Closing Credit¹
Chris Jaehoon Ryou, Listing Office: Premier Realty Group
$10,000 Closing Credit¹
Mun Hong Lee, Listing Office: Cosmo Realty, Inc.
$10,000 Closing Credit¹
Hyunju Lee, Listing Office: Prominent Properties Sothebys International Realty-Englewood Cliffs
$10,000 Closing Credit¹
Brian Yoo, Listing Office: Coldwell Banker, Fort Lee
$10,000 Closing Credit¹
William Broderick, Listing Office: Ridgeco Properties, Inc.
$10,000 Closing Credit¹
Hugo Alves, Listing Office: Signature Realty NJ LLC
$10,000 Closing Credit¹
Joonhwa Yang, Listing Office: C Land Realty Co.
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MLS Disclaimers and Copyright
Based on information from New Jersey MLS, and Garden State MLS for the period 11/01/2024 - 01/01/2025
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.