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 4 Days Ago

Newest Listings in Livingston, NJ

Nearby Markets to Livingston, NJ

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