Is North Plainfield, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Plainfield was a Seller's Market.
Housing Prices in North Plainfield, NJ
How much do homes in North Plainfield, NJ cost?
Median Sold Price
$456,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Plainfield was $456,000 in April 2024, up 16.9% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $210K | +31.3% |
2 Bedrooms | $357K | $350K | -2.0% |
3 Bedrooms | $392.5K | $455K | +15.9% |
4 Bedrooms | $460.5K | $510K | +10.7% |
5+ Bedrooms | $525K | $600K | +14.3% |
Summary: North Plainfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
North Plainfield | $390K | $456K | +16.9% |
Dunellen | $451.2K | $515K | +14.1% |
Plainfield | $400K | $443.3K | +10.8% |
Watchung | $875K | $951.7K | +8.8% |
Green Brook Township | $587.5K | $580K | -1.3% |
Housing Supply in North Plainfield, NJ
How many homes are available in North Plainfield, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 41 | +28.1% |
Summary: The North Plainfield real estate market had 41 homes for sale in April 2024, a 28.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The North Plainfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in North Plainfield in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for North Plainfield, NJ
We’re sorry, we don't have information for this market at the moment