$4,750 Closing Credit*
$400,000
1,934 SqFt
3 Beds
•2 Full Baths
Nichole M Arnold, Listing Office: Keller Williams Hometown
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
Since last year, Greenwich Township has remained a Seller's Market.
Key Takeaway
Greenwich Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenwich Township, NJ
How much do homes in Greenwich Township, NJ cost?
Median Sold Price
$300,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+15.4%)
Key Takeaway
Homes in Greenwich Township have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Greenwich Township was $300,000 in October 2024, up 15.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.8K | $267K | +22.6% |
| 3 Bedrooms | $255K | $300K | +17.6% |
| 4 Bedrooms | $326.7K | $305K | -6.7% |
| 5+ Bedrooms | $306.2K | $750K | +144.9% |
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 22.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 144.9%.
Median Sold Price Compared To Nearby Cities
| Greenwich Township | $260K | $300K | +15.4% |
| Gibbstown | $262.5K | $302.5K | +15.2% |
| Paulsboro | $198.5K | $225K | +13.4% |
| Essington | $237K | $245K | +3.4% |
| Tinicum Township | $237K | $245K | +3.4% |
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 |
|---|---|---|
| 14 | 9 | -35.7% |
Summary: The Greenwich Township real estate market had 9 homes for sale in October 2024, a 35.7% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 0 | 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Greenwich Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Greenwich Township, NJ
How long does it take to sell a home in Greenwich Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 156 Days | 19 Days | -87.4% |
Summary: Homes in Greenwich Township had an average of 19 days on market in Oct 2024, down by 87.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenwich Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Greenwich Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
