Wyckoff, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wyckoff Neighborhoods Since 2000




Wyckoff, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Wyckoff Housing Market Information

With 17,257 people, 1,488 houses or apartments, and a median cost of homes of $732,731, Wyckoff house prices are not only among the most expensive in New Jersey, Wyckoff real estate also is some of the most expensive in all of America.

Wyckoff is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Wyckoff than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wyckoff. Owner-occupied housing accounts for 89.45% of Wyckoff's homes, and 75.99% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Wyckoff's housing was primarily built during this period, from the '40s through the '60s. A full 57.25% of the town's housing hails from this era. Other housing ages represented in Wyckoff include homes built between 1970-1999 ( 25.55%) and housing constructed before 1939 ( 11.17%). There's also some housing in Wyckoff built between 2000 and later ( 6.03%).

Wyckoff Home Appreciation Rates

Real estate appreciation rates in Wyckoff's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.

NeighborhoodScout's data show that during the latest twelve months, Wyckoff's appreciation rate, at 3.17%, has been at or slightly above the national average. In the latest quarter, Wyckoff's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Wyckoff's latest annual appreciation rate is higher than 50% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$732,731

Wyckoff, NJ HOME PRICES

Value Range
> $1,095,000 14.3
$821,001 - $1,095,000 28.4
$547,001 - $821,000 39.6
$438,001 - $547,000 10.6
$329,001 - $438,000 3.7
$219,001 - $329,000 1.7
$110,001 - $219,000 0.9
$55,001 - $110,000 0.3
$0 - $55,000 0.6

Very High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
2.40829719910934 8.73983739837398

Number Of Homes And Apartments:
1,488

Wyckoff Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
63.58% 2.89% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,850 / per month

Homeownership Rate

Homeownership
Owners 89.45
Renters 10.55
Vacant 2.85

Housing Market Details

 

Age of Homes

AGE OF Wyckoff HOMES
2000 or Newer 6.0
1970 - 1999 25.5
1940 - 1969 57.3
1939 or Older 11.2

Types of Homes

TYPE OF Wyckoff HOMES
Single-Family 87.4
Townhomes 7.6
Small Apt. Buildings 1.8
Apt. Complexes 3.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wyckoff HOMES
No Bedroom 0.62
1 Bedroom 2.96
2 Bedrooms 10.43
3 Bedrooms 35.06
4 Bedrooms 40.93
5 or more bedrooms 10.00