Is Green Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Green Township 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 Green Township, NJ

How much do homes in Green Township, NJ cost?

Median Sold Price

$590,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$180,000(+43.9%)

Key Takeaway

Homes in Green Township have sold for 43.9% more than they did a year ago.

Summary: The median home sold price in Green Township was $590,000 in November 2024, up 43.9% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $280K-
N/A
3 $364.9K$446.4K
+22.4%
4 $530K$632.5K
+19.3%
5+ $553K$915K
+65.5%

Summary: Green Township housing prices by bedroom type for November 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 22.4%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 65.5%.

Median Sold Price Compared To Nearby Cities

Green Township
+43.9%
Andover
+27.4%
Byram Township
+8.1%
Fredon Township
+6.8%
Andover Township
+5.0%

Housing Supply in Green Township, NJ

How many homes are available in Green Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The Green Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 77
0.0%
5+ 33
0.0%

Summary: The Green Township 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Green Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Green Township, 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 Green Township, NJ

Nearby Markets to Green Township, NJ

What housing markets are near Green Township, NJ?