Garwood, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 55 transactions over the past year in Garwood. The median value for residential home transactions that occurred over the previous year is $571,077.6. The number of current listings in Garwood is 5, and the percentage of properties for sale in the city is 5.00%. Garwood, NJ currently has 11 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 5 properties for sale.
Garwood, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07027 | $ 540,400 $ 383/sqft |
Housing Market Summary for Garwood, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $572.6K | 9.08% |
| Median Sold Price | $550K | $572.6K | 4.12% |
| Homes For Sale | 1 | 2 | 100.00% |
| Homes Sold | 30 | 24 | -20.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Garwood, NJ
Browse Homes in Garwood, NJ
Garwood home values range from $392,800 to $1,621,000. The median estimated value of a home in Garwood is $571,077.6. The median list price of a home is 549,000, and the total count of properties in the city is 1,314.
- Pre-ForeclosurePre-foreclosure homes account for 0.61% of all residential properties in Garwood, NJ with 07027 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Garwood, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $755,700 in 07027 to the lowest home value of $500,300 in 07027.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Garwood, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Garwood, NJ. There is 1 zips within Garwood, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07027 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Garwood, NJ. Auction homes and other auction properties account for 0.23% of all properties in Garwood, NJ. There is 1 zips within Garwood, NJ; of that zips, the median estimated home value for homes going to auction ranges from $642,900 in 07027 to the lowest value of $485,500 in 07027.
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Guide for Garwood, NJ
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