Is Livingston, 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, Livingston was a Seller's Market.
Key Takeaway
Livingston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Livingston, NJ
How much do homes in Livingston, NJ cost?
Median Sold Price
$978,333
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Livingston have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Livingston was $978,333 in April 2024, up 20.9% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $826K | - | N/A |
| 2 Bedrooms | $535K | $602.5K | +12.6% |
| 3 Bedrooms | $640K | $700K | +9.4% |
| 4 Bedrooms | $835K | $961K | +15.1% |
| 5+ Bedrooms | $1.4M | $1.5M | +10.3% |
Summary: Livingston 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 12.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Livingston | $809.5K | $978.3K | +20.9% |
| Livingston Township | $809K | $978.3K | +20.9% |
| Florham Park | $789.9K | $905K | +14.6% |
| Roseland | $627K | $712.5K | +13.6% |
| East Hanover | $626K | $675K | +7.8% |
Housing Supply in Livingston, NJ
How many homes are available in Livingston, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 139 | +31.1% |
Summary: The Livingston real estate market had 139 homes for sale in April 2024, a 31.1% increase 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 | 10 | 11 | +10.0% |
| 3 Bedrooms | 12 | 24 | +100.0% |
| 4 Bedrooms | 17 | 22 | +29.4% |
| 5+ Bedrooms | 67 | 82 | +22.4% |
Summary: The Livingston 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 increased by 10%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 22.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Livingston, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Livingston in April 2024, up by 6.7% month-over-month. Of the 16 sold homes, 25% were sold under asking, 6% were sold at asking, and 69% were sold over asking.
Days on Market for Livingston, NJ
We’re sorry, we don't have information for this market at the moment
