Is Gladstone, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gladstone is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Gladstone was a Seller's Market.

Key Takeaway

Gladstone is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Gladstone, NJ

How much do homes in Gladstone, NJ cost?

Median Sold Price

$1,000,000

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$187,500(+23.1%)

Key Takeaway

Homes in Gladstone have sold for 23.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$385K
N/A
2 $439.5K-
N/A
3 $607.5K$635K
+4.5%
4 $875K$975K
+11.4%
5+ $946.2K$1.1M
+22.1%

Summary: Gladstone housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 22.1%.

Median Sold Price Compared To Nearby Cities

Peapack and Gladstone
+27.4%
Gladstone
+23.1%
Chester Township
+11.7%
Bedminster Township
+10.0%
Bedminster
+9.5%

Housing Supply in Gladstone, NJ

How many homes are available in Gladstone, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The Gladstone real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 55
0.0%
4 22
0.0%
5+ 44
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gladstone, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Gladstone in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gladstone, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in Gladstone, NJ

Nearby Markets to Gladstone, NJ

What housing markets are near Gladstone, NJ?