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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston Township is a seller's market

Buyer's
Market

Difference Since November 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

$998,999

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$98,749(+11.0%)

Key Takeaway

Homes in Livingston Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Livingston Township was $998,999 in November 2024, up 11% from last year, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $594.5K$620K
+4.3%
3 $675K$775K
+14.8%
4 $908.5K$981K
+8.0%
5+ $1.4M$1.7M
+15.3%

Summary: Livingston Township 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 4.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Cities

East Hanover
+17.9%
East Hanover Township
+17.9%
Livingston Township
+11.0%
Livingston
+11.0%
Florham Park
+6.1%

Housing Supply in Livingston Township, NJ

How many homes are available in Livingston Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127132+3.9%

Summary: The Livingston Township real estate market had 132 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1417
+21.4%
3 1918
-5.3%
4 3233
+3.1%
5+ 6264
+3.2%

Summary: The Livingston Township 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 increased by 21.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2627+3.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston Township, you could pay more than the asking price. 74.1% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Livingston Township in November 2024, up by 3.8% month-over-month. Of the 27 sold homes, 19% were sold under asking, 7% were sold at asking, and 74% were sold over asking.

Days on Market for Livingston Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Livingston Township, NJ

Nearby Markets to Livingston Township, NJ

What housing markets are near Livingston Township, NJ?