Is Livingston, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Livingston has remained a Seller's Market.

Key Takeaway

Livingston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Livingston, NJ

How much do homes in Livingston, NJ cost?

Median Sold Price

$998,000

$424/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$114,370(+12.9%)

Key Takeaway

Homes in Livingston have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Livingston was $998,000 in October 2024, up 12.9% from last year, and the median price per square foot was $424.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $594.5K$615K
+3.4%
3 $675K$765K
+13.3%
4 $890.8K$990K
+11.1%
5+ $1.4M$1.7M
+14.9%

Summary: Livingston 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 3.4%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Cities

East Hanover
+20.7%
Livingston Township
+13.4%
Livingston
+12.9%
Roseland
+12.2%
Florham Park
+5.0%

Housing Supply in Livingston, NJ

How many homes are available in Livingston, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104136+30.8%

Summary: The Livingston real estate market had 136 homes for sale in October 2024, a 30.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1015
+50.0%
3 2022
+10.0%
4 2931
+6.9%
5+ 4568
+51.1%

Summary: The Livingston 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 increased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 51.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Livingston in October 2024, up by 13.0% month-over-month. Of the 26 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.

Days on Market for Livingston, NJ

How long does it take to sell a home in Livingston, NJ?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Livingston has remained consistent over time.

Summary: During October 2024, 26 homes were sold in Livingston; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Livingston, NJ

Nearby Markets to Livingston, NJ

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