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Palisades Park, NJ 07650

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Palisades Park, NJ 07650

Wed May 14 2025
This week the median list price for Palisades Park, NJ 07650 is $924,500 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 6. Click here to stay informed with the Palisades Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Palisades Park, NJ 07650

Wed May 14 2025
This week the median list price for Palisades Park, NJ 07650 is $924,500 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 6. Click here to stay informed with the Palisades Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Palisades Park market.
Median List Price $924,500
Median Price of New Listings $1,100,000
Per Square Foot $389
Average Days on Market 103
Median Days on Market 63
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,300,000 0 - 4 3.5 25 0 0 168
$1,100,000 0 0 - 4,500 sqft 4 3.5 21 1 1 0
$924,500 0 - 2 2.8 50 0 0 63
$612,000 1,793 - 2 1.3 95 0 0 161