$6,876 Closing Credit*
$579,000
2 Beds
•1 Full Bath
Listing Office: PREMIUMONE REALTY
Is Livingston 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, Livingston Township has remained a Seller's Market.
Key Takeaway
Livingston Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Livingston Township, NJ
How much do homes in Livingston Township, NJ cost?
Median Sold Price
$998,000
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$118,000(+13.4%)
Key Takeaway
Homes in Livingston Township have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Livingston Township was $998,000 in October 2024, up 13.4% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $594.5K | $615K | +3.4% |
| 3 Bedrooms | $675K | $765K | +13.3% |
| 4 Bedrooms | $890.8K | $990K | +11.1% |
| 5+ Bedrooms | $1.4M | $1.7M | +14.9% |
Summary: Livingston 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 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 | $630K | $760.5K | +20.7% |
| East Hanover Township | $630K | $760.5K | +20.7% |
| Livingston Township | $880K | $998K | +13.4% |
| Livingston | $883.6K | $998K | +12.9% |
| Florham Park | $900K | $945K | +5.0% |
Housing Supply in Livingston Township, NJ
How many homes are available in Livingston Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 136 | +30.8% |
Summary: The Livingston Township 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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 15 | +50.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 45 | 68 | +51.1% |
Summary: The Livingston 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 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +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
Key Takeaway
If you're buying a home in Livingston Township, 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 Township 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 Township, NJ
How long does it take to sell a home in Livingston Township, 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
Key Takeaway
Avg time on Rocket Homes in Livingston Township has remained consistent over time.
Summary: During October 2024, 26 homes were sold in Livingston Township; 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.
