$5,641 Closing Credit*
$475,000
1,883 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: RE/MAX 1ST ADVANTAGE
Is Greenwich Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Greenwich Township was a Seller's Market.
Key Takeaway
Greenwich Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenwich Township, NJ
How much do homes in Greenwich Township, NJ cost?
Median Sold Price
$490,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.0%)
Key Takeaway
Homes in Greenwich Township have sold for 1% less than they did a year ago.
Summary: The median home sold price in Greenwich Township was $490,000 in October 2024, down 1% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180.3K | $236.9K | +31.4% |
| 3 Bedrooms | $289.9K | $390K | +34.5% |
| 4 Bedrooms | $568.7K | $630K | +10.8% |
| 5+ Bedrooms | $585K | $539.8K | -7.7% |
Summary: Greenwich Township 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 increased by 31.4%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $308K | $369.5K | +20.0% |
| Lopatcong Township | $327.5K | $370K | +13.0% |
| Greenwich Township | $495K | $490K | -1.0% |
| Stewartsville | $445K | $375K | -15.7% |
Housing Supply in Greenwich Township, NJ
How many homes are available in Greenwich Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Greenwich Township real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Greenwich Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich Township, 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 Greenwich Township in October 2024, the same as the previous 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 Greenwich Township, NJ
We’re sorry, we don't have information for this market at the moment
