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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 17,011 people, 5,837 houses or apartments, and a median cost of homes of $1,099,546, 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 township 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 88.46% of Wyckoff's homes, and 75.10% 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 48.97% of the township's housing hails from this era. Other housing ages represented in Wyckoff include homes built between 1970-1999 ( 26.41%) and housing constructed before 1939 ( 13.39%). There's also some housing in Wyckoff built between 2000 and later ( 11.22%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Wyckoff, where house values have increased just 40.95%, which is annualized rate of 3.49%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Wyckoff that despite a nationwide downturn in the housing market, Wyckoff real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wyckoff appreciation rates continue to be some of the highest in America, at 8.50%, which is higher than appreciation rates in 75.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wyckoff. Wyckoff appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to New Jersey, our data show that Wyckoff's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.
$1,099,546
for New jersey
for nation
5,837
$4,695 / per month