Explore Wallington, NJ - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$710,000

Market Insights

The housing market in Wallington continues to see strong price appreciation, with values up 32.1% compared to last year. The median home price of $710,000 represents a substantial 32.1% increase from this time last year. With 11 active listings, inventory is 83% higher than seasonal norms. Homes are now taking an average of 54 days to sell, significantly longer than the 16 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wallington market with the affordability index at 297.0. Based on current market indicators, home prices in Wallington are projected to decrease by approximately 6.4% over the next month.

Demographics market for - Wallington, NJ

Total Population -

12,742

White Population

78.54%

Black Population

3.37%

Mexican20.35% (2.72% of total population)
Puerto Rican18.06% (2.42% of total population)
Cuban7.92% (1.06% of total population)
Dominican20.59% (2.75% of total population)
Salvadoran0%
Costa Rican3.17% (0.42% of total population)
Gautemalan1.00% (0.13% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian7.45% (1.00% of total population)
Ecuadorian2.11% (0.28% of total population)
Peruvian15.54% (2.08% of total population)
Uruguyan1.47% (0.20% of total population)
Venezuelan2.35% (0.31% of total population)

Indian 29.44% (3.94% of total population)
Bangladeshi 0%
Chinese 2.35% (0.31% of total population)
Bhutanese 0%
Burmese 0%
Filipino 1.94% (0.26% of total population)
Hmong 0%
Indonesian 0%
Japanese 1.41% (0.19% of total population)
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Wallington, NJ

Stolen Property Offenses1.47%
Burglary/Breaking & Entering2.94%
Larceny/Theft Offenses85.29%
Destruction/Damage/Vandalism of Property7.35%
Motor Vehicle Theft2.94%

Assault Offenses100.00%

Embezzlement11.11%
Fraud Offenses66.67%
Counterfeiting/Forgery22.22%

Robbery100.00%

Real Estate Market Prediction for - Wallington, NJ

City Hotspots
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