New - 2 days on Rocket
$6,056 Closing Credit¹
Listing Office: FIEDLER REAL ESTATE
Great Meadows Housing Market Report December 2024•Warren County, New Jersey
Housing Prices in Great Meadows, NJ
How much do homes in Great Meadows, NJ cost?
Housing Market Conditions
Is Great Meadows, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Great Meadows is a Seller's Market
Difference Since November 2024
Last month, Great Meadows has remained a Seller's Market.
Insight
Great Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$429,900–
+$53,150
+14.1%
Based on all homes sold in December 2024
Insight
Homes in Great Meadows have sold for 14.1% more than they did a month ago.
Summary: The median home sold price in Great Meadows was $429,900 in December 2024, up 14.1% from last month, and the median price per square foot was $0.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Hope Township | $310K | $390K | +25.8% |
| Great Meadows | $376.7K | $429.9K | +14.1% |
| Liberty Township | $419K | $375K | -10.5% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $310K | - | N/A |
| 22 Bedrooms | $350K | $305.5K | -12.7% |
| 33 Bedrooms | $419K | $429.9K | +2.6% |
| 44 Bedrooms | - | $610K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Great Meadows housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -12.7%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Great Meadows, NJ
How many homes are available in Great Meadows, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthDec 2024 | ||
| 192 months agoNov 2024 | -21.1 % Change MoMNov – Dec |
Summary: The Great Meadows real estate market had 15 homes for sale in Dec 2024, a 21.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 62 months agoNov 2024 | +16.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 10 | 7 | -30.0% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Great Meadows housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Great Meadows, NJ cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Great Meadows, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Great Meadows in December 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and and 43% were sold over asking.
Days on Market for Great Meadows, NJ
How long does it take to sell a home in Great Meadows, NJ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Great Meadows has remained consistent over time.
Summary: During December 2024, 7 homes were sold in Great Meadows; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 80 DaysLast MonthDec 2024 | ||
| 0 Days1 month agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: Homes in Great Meadows had an average listing age of 80 days in Dec 2024, down by .0% compared to the previous month.
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Newest Listings in Great Meadows, NJ
What homes are available in Great Meadows, NJ?
$4,155 Closing Credit¹
Listing Office: RE/MAX TOWN & VALLEY
Listing Office: COLDWELL BANKER REALTY
$5,938 Closing Credit¹
Listing Office: WEICHERT REALTORS
Listing Office: OPTIMUM REALTY, INC.
$3,561 Closing Credit¹
Listing Office: REALTY EXECUTIVES EXCEPTIONAL
$4,156 Closing Credit¹
Listing Office: EXIT REALTY CONNECTIONS
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, for the period 11/01/2024 - 01/01/2025
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: 1/29/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/29/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.