Whippany, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Whippany, NJ is $650,000, up 25.0% year-over-year. Homes sell in an average of 10 days with 5 active listings. The market is currently a strong seller's market.
$650,000median sale price
Is Whippany a buyer's or seller's market?
Whippany, NJ is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
10
Fast-moving
Active listings
5
1.7 months supply
Sale-to-list
107.1%
Above asking
Whippany, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $775,000 |
| Year-over-year price change | +25.0% |
| Average days on market | 10 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 107.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Whippany housing market is currently classified as a strong seller's market with a median sale price of $650,000. Prices have risen 25.0% compared to last year, with homes spending an average of 10 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Whippany
There are currently 5 homes listed for sale in Whippany, New Jersey. The median listing price is $775K.
Active listings
5
Homes on market
Median list price
$775K
Avg. days on market
10
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Whippany?
The median home sale price in Whippany is $650,000, up 25.0% from last year.
How long do homes stay on market in Whippany?
Homes typically spend 10 days on market before going under contract.
Is Whippany a buyer's or seller's market?
With 1.7 months of supply, Whippany is currently a strong seller's market.
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