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Foreclosure Homes in Whippany, NJ 07981

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Whippany, NJ Foreclosures

How much do homes sell for in Whippany, NJ?
The average home price is currently $722,992.
In Whippany, NJ, how many homes are available?
There are currently 74 active home listings available in Whippany.
What’s the average rental cost in Whippany, NJ?
The average rental price in Whippany is $2,664.
What is the most expensive home in Whippany?
The most expensive home sold in Whippany had a price of $5,301,864.
What is currently the cheapest priced home in Whippany, NJ?
The cheapest home for sale in Whippany is priced at $24,915.

Living in Whippany, NJ

Whippany, NJ, is a serene suburban community famous for its welcoming atmosphere and beautiful parks. Families find Whippany appealing due to its excellent schools and local amenities, while commuters appreciate its proximity to New York City. The mixture of housing options suits various lifestyles, making it a desirable location for homebuyers.

Current Market Conditions in Whippany, NJ

The Whippany real estate market remains robust, with a steady demand for housing fueled by its desirable location and community vibe. Home values have shown a consistent upward trend as buyers seek family-friendly neighborhoods with good schools.

There has been a noticeable increase in people moving to Whippany due to remote working options, allowing new residents to seek larger homes or more space. The competition for homes remains high, with many listings receiving multiple offers.

Home Value Estimator For Whippany, NJ

There are currently 3,454 real estate properties in Whippany, NJ, with a median automated valuation model (AVM) price of $712,847.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Whippany, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Whippany, NJ, is $722,992.00, with the most expensive house in Whippany, NJ, topping out at $5,301,864.00 and the cheapest home in Whippany, NJ, clocking in at $24,915.00. In other words, there’s something for every potential homebuyer or savvy investor in Whippany, NJ!

Rent Prices In Whippany, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Whippany, NJ, is on a rollercoaster ride. The average rent price in Whippany, NJ, is $2,664.00. Indeed, when looking to rent in Whippany, NJ, you can expect to pay as little as $1,440.00 or as much as $4,440.00, with the average rent median estimated to be $2,660.00. The good news is that finding an affordable and desirable property to rent in Whippany, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Whippany, NJ 07981 Foreclosures


Market Trend for Whippany, NJ

Total Listings Available: 74

Market Values:

Home Prices from $24,915 to $5,301,864

Average Sales Price: $722,992

Rental Values:

Rental from $1,440 to $4,440

Average Rent Value: $2,664 / month

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