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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwich Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Greenwich Township was a Buyer's Market.

Key Takeaway

Greenwich 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 Greenwich Township, NJ

How much do homes in Greenwich Township, NJ cost?

Median Sold Price

$494,500

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$8,500(-1.7%)

Key Takeaway

Homes in Greenwich Township have sold for 1.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$200K
N/A
3 $560K$494.5K
-11.7%
4 $311.5K$650K
+108.7%
5+ --
N/A

Summary: Greenwich Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 108.7%, and 5+ bedroom homes did not change.

Housing Supply in Greenwich Township, NJ

How many homes are available in Greenwich Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The Greenwich Township real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 810
+25.0%
4 1111
0.0%
5+ 33
0.0%

Summary: The Greenwich 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwich Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Greenwich Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Greenwich 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 20 Days Ago

Newest Listings in Greenwich Township, NJ

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