Carteret Housing Market Report March 2025•Middlesex County, New Jersey

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Housing Prices in Carteret, NJ

How much do homes in Carteret, NJ cost?

Housing Market Conditions

Is Carteret, NJ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Carteret is a Seller's Market

Difference Since March 2024

Since last year, Carteret has remained a Seller's Market.

Insight

Carteret is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$500,000$316/SqFt
+$50,000
+11.1%

Based on all homes sold in the last 12 months

Insight

Homes in Carteret have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Carteret was $500,000 in March 2025, up 11.1% from last year, and the median price per square foot was $316.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Carteret
+11.1%
Avenel
+9.3%
Woodbridge Township
+9.3%
Linden
+9.2%
Port Reading
-1.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$343K$350K
+2.0%
3$440K$470K
+6.8%
4$525K$535K
+1.9%
5$557.5K$607K
+8.9%

Summary: Carteret housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.0%. The home price for 3 bedroom homes increased by +6.8%. The home price for 4 bedroom homes increased by +1.9%. The home price for 5 bedroom homes increased by +8.9%.

How does Carteret, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Carteret, NJ

Housing supply in Carteret, NJ

How many homes are available in Carteret, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
47Last MonthMar 2025
472 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Summary: The Carteret real estate market had 47 homes for sale in Mar 2025, the same as Feb 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthMar 2025
132 months agoFeb 2025
-7.7 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
233
0.0%
31917
-10.5%
41514
-6.7%
51013
+30.0%

Summary: Carteret housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -10.5%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes increased by +30.0%.

Asking Price vs. Sold Price

How much do homes in Carteret, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price2 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in Carteret, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Carteret in March 2025, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and and 33% were sold over asking.

Days on Market for Carteret, NJ

How long does it take to sell a home in Carteret, NJ?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days4 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in Carteret has remained consistent over time.

Summary: During March 2025, 12 homes were sold in Carteret; 25% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
65 DaysThis YearMar 2025
41 Days1 year agoMar 2024
+59.5 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Carteret had an average listing age of 65 days in Mar 2025, up by 59.5% compared to the previous year.

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Newest Listings in Carteret, NJ

What homes are available in Carteret, NJ?

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MLS Disclaimers and Copyright

Based on information from ALL JERSEY MLS, and Garden State MLS for the period 04/01/2023 - 04/01/2025

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.