Housing Prices in Garfield, NJ

How much do homes in Garfield, NJ cost?

Median List Price

$613,500

$373/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$141,600(+30.0%)

Key Takeaway

The list price of homes in Garfield has increased by 30% since last year.

Summary: The median home list price in Garfield was $613,500 in December 2024, up 30% from the previous year, and the median price per square foot was $373.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $265K$269K
+1.5%
2 $398.9K$439.9K
+10.3%
3 $474K$599K
+26.4%
4 $472.4K$650K
+37.6%
5+ $614K$775K
+26.2%

Summary: Garfield housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes increased by 26.2%.

Median List Price Compared To Nearby Cities

Lodi
+43.0%
Garfield
+30.0%
Saddle Brook Township
+10.5%
Saddle Brook
+10.5%
Wallington
+4.0%

Housing Supply in Garfield, NJ

How many homes are available in Garfield, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3745+21.6%

Summary: The Garfield real estate market had 45 homes for sale in December 2024, a 21.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1216
+33.3%
4 1112
+9.1%
5+ 912
+33.3%

Summary: The Garfield housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Garfield, NJ

How long does it take to sell a home in Garfield, NJ?

Average Listing Age

Dec 2023Dec 2024CHANGE
79 Days63 Days-20.1%

Summary: Homes in Garfield had an average listing age of 63 days in Dec 2024, down by 20.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Garfield, NJ

Nearby Markets to Garfield, NJ

What housing markets are near Garfield, NJ?