$6,411 Closing Credit*
$539,900
3 Beds
•1 Full Bath, 1 Partial
Listing Office: MOSCARA REALTY
Is Greglawn, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Greglawn was a Neutral Market.
Key Takeaway
Greglawn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greglawn, NJ
How much do homes in Greglawn, NJ cost?
Median Sold Price
$550,000
-
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$50,000(+10.0%)
Key Takeaway
Homes in Greglawn have sold for 10% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $450K | $487.5K | +8.3% |
| 3 Bedrooms | $580K | $640K | +10.3% |
| 4 Bedrooms | $549.5K | $645K | +17.4% |
| 5+ Bedrooms | $812K | $915K | +12.7% |
Summary: Greglawn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Richfield | $510K | $600K | +17.6% |
| Allwood | $510K | $580K | +13.7% |
| Albion | $497.5K | $550K | +10.6% |
| Greglawn | $500K | $550K | +10.0% |
Housing Supply in Greglawn, NJ
How many homes are available in Greglawn, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Greglawn real estate market had 24 homes for sale in September 2024, a 20.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 0 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Greglawn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greglawn, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Greglawn in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Greglawn, NJ
We’re sorry, we don't have information for this market at the moment
