Is Kenilworth, 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, Kenilworth was a Neutral Market.
Housing Prices in Kenilworth, NJ
How much do homes in Kenilworth, NJ cost?
Median Sold Price
$575,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kenilworth was $575,000 in April 2024, up 17.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $370K | $432.5K | +16.9% |
3 Bedrooms | $450K | $495K | +10.0% |
4 Bedrooms | $542.5K | $632.5K | +16.6% |
5+ Bedrooms | $535K | $825K | +54.2% |
Summary: Kenilworth 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 16.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 54.2%.
Median Sold Price Compared To Nearby Cities
Kenilworth | $490.5K | $575K | +17.2% |
Cranford Township | $613K | $685K | +11.7% |
Union Township | $478.3K | $520K | +8.7% |
Union | $480K | $520K | +8.3% |
Roselle Park | $456K | $487K | +6.8% |
Housing Supply in Kenilworth, NJ
How many homes are available in Kenilworth, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Kenilworth real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 4 | 10 | +150.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Kenilworth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kenilworth in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Kenilworth, NJ
We’re sorry, we don't have information for this market at the moment