Housing Prices in East Ward, NJ
How much do homes in East Ward, NJ cost?
Median List Price
$510,000
$341/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in East Ward has increased by 39.7% since last year.
Summary: The median home list price in East Ward was $510,000 in May 2024, up 39.7% from the previous year, and the median price per square foot was $341.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282K | $300K | +6.4% |
| 2 Bedrooms | $314.9K | $345K | +9.5% |
| 3 Bedrooms | $379K | $425K | +12.1% |
| 4 Bedrooms | $499.4K | $574.4K | +15.0% |
| 5+ Bedrooms | $739K | $799K | +8.1% |
Summary: East Ward housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 8.1%.
Median List Price Compared To Nearby Neighborhoods
| Five Corners | $450K | $659K | +46.4% |
| East Ward | $365K | $510K | +39.7% |
| Ironbound | $359K | $499.5K | +39.1% |
| Downtown Newark | $262.5K | $315K | +20.0% |
Housing Supply in East Ward, NJ
How many homes are available in East Ward, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 58 | +11.5% |
Summary: The East Ward real estate market had 58 homes for sale in May 2024, a 11.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The East Ward housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 16%.
Days on Market for East Ward, NJ
How long does it take to sell a home in East Ward, NJ?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 104 Days | 107 Days | +2.9% |
Summary: Homes in East Ward had an average listing age of 107 days in May 2024, up by 2.9% compared to the previous year.
