Is Glen Gardner, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glen Gardner is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Glen Gardner has remained a Seller's Market.

Key Takeaway

Glen Gardner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glen Gardner, NJ

How much do homes in Glen Gardner, NJ cost?

Median Sold Price

$425,222

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$134,284(+46.2%)

Key Takeaway

Homes in Glen Gardner have sold for 46.2% more than they did a year ago.

Summary: The median home sold price in Glen Gardner was $425,222 in November 2024, up 46.2% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K$220K
+22.2%
2 $230K$249K
+8.3%
3 $510K$523.5K
+2.6%
4 $637.5K$799K
+25.3%
5+ $739.5K$740K
0.1%

Summary: Glen Gardner housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Cities

Glen Gardner
+46.2%
Lebanon Township
+20.4%
Hampton
+18.3%

Housing Supply in Glen Gardner, NJ

How many homes are available in Glen Gardner, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2425+4.2%

Summary: The Glen Gardner real estate market had 25 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 78
+14.3%
3 87
-12.5%
4 56
+20.0%
5+ 01
+100.0%

Summary: The Glen Gardner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glen Gardner, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Glen Gardner in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Glen Gardner, 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 17 Days Ago

Newest Listings in Glen Gardner, NJ

Nearby Markets to Glen Gardner, NJ

What housing markets are near Glen Gardner, NJ?