Is Ho Ho Kus, NJ 07423 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Ho Ho Kus is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score48/ 100

#40 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #283 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list105.3%Sold price ÷ list price
Median days on market75Listing to accepted offer
Median price per sq ft$624▲ +16.2% vs. last year

The Ho Ho Kus housing market right now

In the three months ending August 31, 2026, 50% of homes in Ho Ho Kus, NJ 07423 sold above their list price, the typical home went under contract in 75 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 64%, homes sold more slowly (70 days then) and the median sale price rose 14% to $1,584,814. Overall, Ho Ho Kus is less competitive than a year ago, which gives buyers more room.

Within Bergen County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Ho Ho Kus ranks #245 of 444 NJ ZIP codes with enough sales (score 75 out of 100).

Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.

Nearby markets

Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →

Where Ho Ho Kus is

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Questions about Ho Ho Kus real estate

Is Ho Ho Kus a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Ho Ho Kus, NJ 07423 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Ho Ho Kus?

The typical home went under contract in 75 days in the latest three months.

Do homes in Ho Ho Kus sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 105.3% of the list price.

What are property taxes in Ho Ho Kus?

About 2.07% of a home’s value a year in Bergen County, where towns range from 0.79% to 2.60%, or roughly $8,272 on a $400,000 home.

What is the median home price in Ho Ho Kus?

The median sale price was $1,584,814 in the three months ending August 31, 2026, about $624 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology