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Whippany, NJ Real Estate & Property Data

Whippany Real Estate Market Trends

Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into Whippany, NJ. ATTOM’s Whippany real estate data is updated daily, and current market trends show that in Whippany, NJ a total of 77 residential properties have sold over the past year. With a median home price of $615,000 in Whippany and a total of 1 foreclosures. Get detailed property data for Whippany, NJ instantly. ATTOM is your one-stop-shop for the Whippany property reports and real estate data you need in Whippany, NJ.

Whippany Real Estate Market Trends

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Total Residential Properties 3,420

Total Commercial Properties 124

Avg. Home Age (Single Family Home) 60 Years

Avg. Square Feet (Single Family Home) 2,174

Total 2024 Residential Sales (year-to-date) 4

% of Homes Seriously Underwater (Q2 2024) 0.39%

Total 2023 Residential Sales 79

% of Equity Rich Homes (Q2 2024) 50.8%

Effective 2023 Property Tax 1.18%

Total Foreclosure Filings (year-to-date) 1

Whippany, NJ Real Estate Overview

There were 77 residential properties sold in the past year in Whippany, NJ. The median home value in Whippany, NJ is $675,900. There are a total of 3,420 residential properties in the Whippany.

Median Sales Price i

$615,000

(Feb 2024)

-4.7%

year-over-year

y-o-y

February '24 Feb '24 $615,000
January '24 Jan '24 $772,500
December '23 Dec '23 $710,000
November '23 Nov '23 $533,000
October '23 Oct '23 $840,000
September '23 Sep '23 $1,167,499
August '23 Aug '23 $750,000
July '23 Jul '23 $707,070
June '23 Jun '23 $692,500
May '23 May '23 $643,500
April '23 Apr '23 $942,500
March '23 Mar '23 $748,500

Median Down Payment i

$92,250

(Feb 2024)

-28.5%

year-over-year

y-o-y

February '24 Feb '24 $92,250
January '24 Jan '24 $59,375
December '23 Dec '23 $250,000
November '23 Nov '23 $73,850
October '23 Oct '23 $333,250
September '23 Sep '23 $235,500
August '23 Aug '23 $297,500
July '23 Jul '23 $141,000
June '23 Jun '23 $207,500
May '23 May '23 $128,880
April '23 Apr '23 $400,000
March '23 Mar '23 $190,400

Number of Homes Sold i

1

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 9
November '23 Nov '23 4
October '23 Oct '23 9
September '23 Sep '23 7
August '23 Aug '23 8
July '23 Jul '23 7
June '23 Jun '23 6
May '23 May '23 8
April '23 Apr '23 5
March '23 Mar '23 7

Number of Purchase Loans i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 8
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 4
August '23 Aug '23 8
July '23 Jul '23 6
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 4

Number of REFI Loans i

2

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 4
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 4
May '23 May '23 2
April '23 Apr '23 4
March '23 Mar '23 6

Number of HELOC Loans i

3

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 3
October '23 Oct '23 3
September '23 Sep '23 5
August '23 Aug '23 3
July '23 Jul '23 4
June '23 Jun '23 5
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 3

Whippany, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07981
$675,900 $310.87/sqft

Whippany, NJ Foreclosure Activity

There were a total of 1 Whippany, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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