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Sarah Mitchell

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Compass Real Estate · Woodland Park, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Woodland Park, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Woodland Park, NJ Housing Market

Strong seller's market+3.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Woodland Park, NJ is worth $650,476, rose 3.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $640,000, +18.9% year over year (through May 2026). With 1.4 months of supply and homes going under contract in about 38 days, Woodland Park is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $650,476 home is about $3,473/mo in principal and interest.

Key numbers for Woodland Park, NJ

Typical home value

$650,476

+3.7% in 12 months

Zillow, August 2026

Median sale price

$640,000

+18.9% year over year

Redfin, through May 2026

Days on market

38

Average pace

Redfin, through May 2026

Active listings

22

1.4 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$85,638

Home costs 7.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

103.8%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Woodland Park a buyer's or seller's market?

Strong seller's market1.4 months of supply38 days on market103.8% of asking

Woodland Park, NJ is a strong seller's market, based on 1.4 months of supply and homes selling in about 38 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Woodland Park housing market data show?

Every row below is Redfin's final published month for Woodland Park, NJ. Redfin, through May 2026

Housing market statistics for Woodland Park, NJ, Redfin through May 2026
MetricValue
Median sale price$640,000
Median list price$624,000
Year-over-year price change+18.9%
Median price per sq ft$383/sq ft
Median days on market38 days
Active inventory22 listings
Months of supply1.4 months
Sale-to-list price ratio103.8%
Homes sold (that month)16
New listings (that month)14
Listings with a price cut13.6%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Woodland Park is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Woodland Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Woodland Park home prices moved?

Over the last three years the median sale price in Woodland Park, NJ rose 36.2%, from $470,000 to $640,000. The live Zillow value series has rose 3.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 13.6% of Woodland Park listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.4 months while the sale-to-list ratio slips below its current 103.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Woodland Park?

Priced off the typical home value of $650,476 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Woodland Park, NJ
Down paymentCash at closeLoan amountMonthly P&I
20%$130,095$520,381$3,473/mo
5%$32,524$617,952$4,124/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,473, that implies roughly $148,826 a year before you add taxes and insurance. The median household in Woodland Park earns $85,638, about $63,188 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.6x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Woodland Park in the next 12 months?

Tell us your timeline. We send the Woodland Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Woodland Park?

Zillow does not publish a rent index (ZORI) for Woodland Park, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Woodland Park?

Active listings in Woodland Park, NJ went from 17 in May 2025 to 22 in May 2026, a +29.4% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Woodland Park, NJ
MonthActive listingsNew listings
June 20252512
July 20253116
August 2025339
September 2025299
October 2025267
November 2025247
December 2025136
January 2026127
February 20261713
March 20261913
April 20261914
May 20262214

Redfin, through May 2026

How does Woodland Park compare to New Jersey and the U.S.?

Woodland Park homes sell for $640,000 — 10% above the New Jersey median of $579,900. Against the national median of $410,700, Woodland Park runs 56% higher. Year-over-year, Woodland Park moved +18.9% against New Jersey's +3.7% — a bigger swing than the state as a whole.

Woodland Park, NJ compared with New Jersey and the United States
MarketMedian sale priceYoYDays on market
Woodland Park, NJ$640,000+18.9%38 days
New Jersey statewide$579,900+3.7%35 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Woodland Park

What buyers should watch

  • Months of supply, currently 1.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 13.6%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $651 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $650,476 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Woodland Park listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 103.8% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Woodland Park added 14 new listings against 16 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +3.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Woodland Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Woodland Park

There are currently 22 homes listed for sale in Woodland Park, New Jersey. The median listing price is $624K.

Active listings

22

Homes on market

Median list price

$624K

Avg. days on market

38

Days until sale

New this week

14

Newly listed

Price drops:13.6%of listings
Sale-to-list:103.8%

How much do homes cost in Woodland Park by property type?

How the Woodland Park, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Woodland Park, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$649,000$393/sq ft1335 days
Condo / co-op$640,000$383/sq ft349 days
Townhouse$582,500not published193 days

Who lives in Woodland Park?

American Community Survey estimates for Woodland Park. U.S. Census ACS, 2023

Population

13,284

Households

5,383

Median income

$85,638/yr

Median age

44.3 years

Owner-occupied

61.2%

Median home value

$475,400

Median gross rent

$1,773/mo

Mean commute

22.7 min

61.2% of occupied homes in Woodland Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $475,400 against Zillow's $650,476 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Woodland Park?

4 schools tracked · 1,271 students

The largest public schools serving Woodland Park, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Charles Olbon School

Grades PK-2 · 385 students

Public

Beatrice Gilmore School

Grades 3-5 · 371 students

Public

Memorial Middle School

Grades 6-8 · 347 students

Public

School One

Grades PK · 168 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Woodland Park, NJ?

Ordered by distance from Woodland Park, not by size. Compare Woodland Park side by side with any of them.

Woodland Park housing market FAQ

Is Woodland Park a buyer's or seller's market?

Woodland Park, NJ is currently a strong seller's market. That read comes from 1.4 months of supply, homes going under contract in about 38 days, and sellers getting 103.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Woodland Park?

The typical home in Woodland Park, NJ is worth $650,476 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $640,000, about $383 per square foot.

Is Woodland Park cheaper than the rest of New Jersey?

Woodland Park's median sale price of $640,000 is 10% higher than the New Jersey statewide median of $579,900, and 56% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Woodland Park?

Homes in Woodland Park, NJ spent a median of 38 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Woodland Park?

At the current 30-year fixed rate of 7.03%, 20% down on a $650,476 home is about $3,473 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $148,826 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $85,638.

Are home prices rising in Woodland Park?

The typical home value in Woodland Park, NJ rose 3.7% over the last 12 months, from $627,243 to $650,476 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Woodland Park?

Woodland Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Woodland Park?

That depends on your timeline, not on a headline. What the data says today: Woodland Park, NJ is a strong seller's market with 1.4 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $650,476, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.