Is Glen Gardner, 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, Glen Gardner was a Seller's Market.
Key Takeaway
Glen Gardner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glen Gardner, NJ
How much do homes in Glen Gardner, NJ cost?
Median Sold Price
$405,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glen Gardner have sold for 44.6% more than they did a year ago.
Summary: The median home sold price in Glen Gardner was $405,000 in April 2024, up 44.6% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $194K | +10.9% |
| 2 Bedrooms | $206K | $245K | +18.9% |
| 3 Bedrooms | $422K | $512.2K | +21.4% |
| 4 Bedrooms | $610K | $625K | +2.5% |
| 5+ Bedrooms | $742K | $740K | -0.3% |
Summary: Glen Gardner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Glen Gardner | $280K | $405K | +44.6% |
| Lebanon Township | $565K | $610K | +8.0% |
| Hampton | $485K | $520K | +7.2% |
Housing Supply in Glen Gardner, NJ
How many homes are available in Glen Gardner, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Glen Gardner real estate market had 25 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Gardner housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Gardner, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Glen Gardner in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Glen Gardner, NJ
We’re sorry, we don't have information for this market at the moment
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