Is Green Brook Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Green Brook Township has remained a Seller's Market.
Housing Prices in Green Brook Township, NJ
How much do homes in Green Brook Township, NJ cost?
Median Sold Price
$580,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Green Brook Township was $580,000 in April 2024, down 1.3% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $380K | $440K | +15.8% |
3 Bedrooms | $490K | $533.5K | +8.9% |
4 Bedrooms | $700.1K | $757.5K | +8.2% |
5+ Bedrooms | $955K | $806K | -15.6% |
Summary: Green Brook Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Cities
Dunellen | $407.4K | $495K | +21.5% |
North Plainfield | $390K | $456K | +16.9% |
Dunellen | $451.2K | $515K | +14.1% |
Middlesex | $408K | $441.5K | +8.2% |
Green Brook Township | $587.5K | $580K | -1.3% |
Housing Supply in Green Brook Township, NJ
How many homes are available in Green Brook Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Summary: The Green Brook Township real estate market had 21 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Green Brook Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Green Brook Township in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Green Brook Township, NJ
How long does it take to sell a home in Green Brook Township, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Green Brook Township; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.