Housing Prices in Garfield, NJ

How much do homes in Garfield, NJ cost?

Median List Price

$599,000

$373/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$155,000(+34.9%)

Key Takeaway

The list price of homes in Garfield has increased by 34.9% since last year.

Summary: The median home list price in Garfield was $599,000 in November 2024, up 34.9% from the previous year, and the median price per square foot was $373.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $265K$267K
+0.8%
2 $398K$439.9K
+10.5%
3 $444K$599K
+34.9%
4 $472.4K$659K
+39.5%
5+ $614K$775K
+26.2%

Summary: Garfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 34.9%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes increased by 26.2%.

Median List Price Compared To Nearby Cities

Lodi
+52.1%
Garfield
+34.9%
Saddle Brook Township
+12.8%
Saddle Brook
+12.8%
Wallington
-12.7%

Housing Supply in Garfield, NJ

How many homes are available in Garfield, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2639+50.0%

Summary: The Garfield real estate market had 39 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 612
+100.0%
4 913
+44.4%
5+ 89
+12.5%

Summary: The Garfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 12.5%.

Days on Market for Garfield, NJ

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

Average Listing Age

Nov 2023Nov 2024CHANGE
77 Days61 Days-20.8%

Summary: Homes in Garfield had an average listing age of 61 days in Nov 2024, down by 20.8% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Garfield, NJ

Nearby Markets to Garfield, NJ

What housing markets are near Garfield, NJ?