Is Roseland, 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, Roseland has remained a Buyer's Market.
Housing Prices in Roseland, NJ
How much do homes in Roseland, NJ cost?
Median Sold Price
$712,500
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $496.2K | $512.5K | +3.3% |
3 Bedrooms | $615K | $710K | +15.4% |
4 Bedrooms | $687.5K | $800K | +16.4% |
5+ Bedrooms | $810K | $1.1M | +40.1% |
Summary: Roseland 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 3.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 40.1%.
Median Sold Price Compared To Nearby Cities
Essex Fells | $865K | $1.4M | +61.8% |
Livingston | $809.5K | $978.3K | +20.9% |
Roseland | $627K | $712.5K | +13.6% |
West Caldwell Township | $605K | $652.5K | +7.9% |
East Hanover | $626K | $675K | +7.8% |
Housing Supply in Roseland, NJ
How many homes are available in Roseland, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 29 | +45.0% |
Summary: The Roseland real estate market had 29 homes for sale in April 2024, a 45.0% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 8 | 13 | +62.5% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Roseland 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 100%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Roseland in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Roseland, NJ
We’re sorry, we don't have information for this market at the moment