The Southwest Hoboken housing market is somewhat competitive. Homes in Southwest Hoboken receive 3 offers on average and sell in around 28 days. The median sale price of a home in Southwest Hoboken was $880K last month, up 22.5% since last year. The median sale price per square foot in Southwest Hoboken is $885, up 18.6% since last year.
What is the housing market like in Southwest Hoboken today?
In March 2024, Southwest Hoboken home prices were up 22.5% compared to last year, selling for a median price of $880K. On average, homes in Southwest Hoboken sell after 28 days on the market compared to 54 days last year. There were 56 homes sold in March this year, up from 56 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$880,000
+22.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Hoboken, NJ
$880,000
+22.5%
United States
To compare other locations to the Southwest Hoboken and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hoboken add value to a home.
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How hot is the Southwest Hoboken housing market?
Southwest Hoboken is somewhat competitive. Homes sell in 28 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 28 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.2%
+0.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Hoboken, NJ
100.2%
+0.7 pt
United States
Home offer insights for Southwest Hoboken
Explore recent offers and recently sold homes in Southwest Hoboken
Recent offers
View houses in Southwest Hoboken that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Hoboken housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Hoboken.
Risk Factor
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Hoboken has an extreme risk of flooding. 8,364 properties in Southwest Hoboken are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Southwest Hoboken. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Hoboken has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Hoboken is most at risk from hurricanes. 8,471 properties in Southwest Hoboken have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southwest Hoboken has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Hoboken have a Severe Heat Factor®.
Southwest Hoboken is expected to see a 128% increase in the number of days over 98ºF over the next 30 years. Southwest Hoboken is expected to experience 8