$5,332 Closing Credit*
$449,000
3 Beds
•1 Full Bath
Listing Office: COLDWELL BANKER REALTY
Is Kenilworth, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kenilworth has remained a Seller's Market.
Key Takeaway
Kenilworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenilworth, NJ
How much do homes in Kenilworth, NJ cost?
Median Sold Price
$577,500
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+5.0%)
Key Takeaway
Homes in Kenilworth have sold for 5% more than they did a year ago.
Summary: The median home sold price in Kenilworth was $577,500 in November 2024, up 5% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212K | N/A |
| 2 Bedrooms | $310K | $400K | +29.0% |
| 3 Bedrooms | $479.5K | $539.5K | +12.5% |
| 4 Bedrooms | $615K | $627.5K | +2.0% |
| 5+ Bedrooms | $732.5K | $829K | +13.2% |
Summary: Kenilworth 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 increased by 29%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
| Cranford Township | $665K | $750K | +12.8% |
| Union | $509.9K | $550K | +7.8% |
| Union Township | $505.5K | $545K | +7.8% |
| Kenilworth | $550K | $577.5K | +5.0% |
| Roselle Park | $480K | $500K | +4.2% |
Housing Supply in Kenilworth, NJ
How many homes are available in Kenilworth, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Kenilworth real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kenilworth 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 increased by 7.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenilworth, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Kenilworth in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kenilworth, NJ
How long does it take to sell a home in Kenilworth, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenilworth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Kenilworth; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
