$5,332 Closing Credit*
$449,000
2 Beds
•2 Full Baths
Dawn McCullough, Listing Office: United Real Estate
Housing Prices in Garfield, NJ
How much do homes in Garfield, NJ cost?
Median List Price
$599,000
$283/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$182,500(+43.8%)
Key Takeaway
The list price of homes in Garfield has increased by 43.8% since last year.
Summary: The median home list price in Garfield was $599,000 in September 2024, up 43.8% from the previous year, and the median price per square foot was $283.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $267K | +18.7% |
| 2 Bedrooms | $394.9K | $432.4K | +9.5% |
| 3 Bedrooms | $419K | $549K | +31.0% |
| 4 Bedrooms | $425K | $699K | +64.5% |
| 5+ Bedrooms | $629K | $685.9K | +9.0% |
Summary: Garfield housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 64.5%, and 5+ bedroom homes increased by 9%.
Median List Price Compared To Nearby Cities
| Garfield | $416.5K | $599K | +43.8% |
| Lodi | $410.8K | $579K | +40.9% |
| Wallington | $577K | $675K | +17.0% |
| Saddle Brook Township | $527K | $589.4K | +11.9% |
| Saddle Brook | $527K | $589.4K | +11.9% |
Housing Supply in Garfield, NJ
How many homes are available in Garfield, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 38 | +46.2% |
Summary: The Garfield real estate market had 38 homes for sale in September 2024, a 46.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 9 | 15 | +66.7% |
| 5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The Garfield housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 150%.
Days on Market for Garfield, NJ
How long does it take to sell a home in Garfield, NJ?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 87 Days | 60 Days | -31.5% |
Summary: Homes in Garfield had an average listing age of 60 days in Sep 2024, down by 31.5% compared to the previous year.
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