$8,301 Closing Credit*
$699,000
6 Beds
•4 Full Baths
Listing Office: PREMIER HOMES
Housing Prices in Elizabeth, NJ
How much do homes in Elizabeth, NJ cost?
Median List Price
$525,000
$279/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$116,000(+28.4%)
Key Takeaway
The list price of homes in Elizabeth has increased by 28.4% since last year.
Summary: The median home list price in Elizabeth was $525,000 in December 2024, up 28.4% from the previous year, and the median price per square foot was $279.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $219K | +8.1% |
| 2 Bedrooms | $274.9K | $312.4K | +13.7% |
| 3 Bedrooms | $399K | $472K | +18.3% |
| 4 Bedrooms | $489.9K | $537.5K | +9.7% |
| 5+ Bedrooms | $637.4K | $729K | +14.4% |
Summary: Elizabeth housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 14.4%.
Median List Price Compared To Nearby Cities
| Elizabethport | $359.9K | $550K | +52.8% |
| Elizabeth | $409K | $525K | +28.4% |
| Roselle | $419.9K | $480K | +14.3% |
| Hillside | $435K | $459.9K | +5.7% |
| Hillside Township | $435K | $459.9K | +5.7% |
Housing Supply in Elizabeth, NJ
How many homes are available in Elizabeth, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 161 | 172 | +6.8% |
Summary: The Elizabeth real estate market had 172 homes for sale in December 2024, a 6.8% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 85 | 95 | +11.8% |
Summary: The Elizabeth housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 11.8%.
Days on Market for Elizabeth, NJ
How long does it take to sell a home in Elizabeth, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 133 Days | 102 Days | -23.2% |
Summary: Homes in Elizabeth had an average listing age of 102 days in Dec 2024, down by 23.2% compared to the previous year.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.