Elizabeth, NJ
Housing market overview · Updated weekly
$665,000median sale price
Homes sold
26
Last 12 weeks
Days on market
55
Average pace
Active listings
129
5.0 months supply
Sale-to-list
104.8%
Above asking
The Elizabeth housing market is currently classified as a balanced market with a median sale price of $665,000. Prices have risen 2.3% compared to last year, with homes spending an average of 55 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Elizabeth?
The median home sale price in Elizabeth is $665,000, up 2.3% from last year.
How long do homes stay on market in Elizabeth?
Homes typically spend 55 days on market before going under contract.
Is Elizabeth a buyer's or seller's market?
With 5.0 months of supply, Elizabeth is currently a balanced market.
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