New listing
5
$265,000
58-66 S 2nd St
Elizabeth, NJ 07206
2 bd1 ba
Condo3,485 sqft lot
More about this property
Elizabeth, NJ Housing Market & Real Estate
Balanced market+2.3% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Elizabeth, NJ is $665,000, up 2.3% year-over-year. Homes sell in an average of 55 days with 129 active listings. The market is currently a balanced market.
$665,000median sale price
Is Elizabeth a buyer's or seller's market?
Balanced market5.0 months of supply55 avg. days on market
Elizabeth, NJ is currently a balanced market, based on 5.0 months of supply and homes selling in about 55 days. How we determine this →
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
Elizabeth, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $665,000 |
| Median list price | $699,500 |
| Year-over-year price change | +2.3% |
| Average days on market | 55 days |
| Active inventory | 129 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 104.8% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Elizabeth
There are currently 129 homes listed for sale in Elizabeth, New Jersey. The median listing price is $699K. Featured listings range from $265,000 to $1,150,000.
New listing
17
$329,000
660-672 N Broad St Unit 8
Elizabeth, NJ 07208
2 bd2 ba
Condo7,405 sqft lot
More about this property
New listing
24
$375,000
349-353 W Grand St Unit 206
Elizabeth, NJ 07202
3 bd2 ba
Condo2,614 sqft lot
Romina Scandroglio · KELLER WILLIAMS METROPOLITAN
More about this property
New listing
28
$400,000
838 Rebecca Pl
Elizabeth, NJ 07201
3 bd2 ba1,461 sqft
House3,049 sqft lot
Est. $455KSold 2011 for $70K
More about this property
New listing
45
$475,000
136 Smith St
Elizabeth, NJ 07201
3 bd3 ba
House3,049 sqft lot
Est. $502KSold 2022 for $340K
More about this property
New listing
37
$675,000
216 Delaware St
Elizabeth, NJ 07206
6 bd2 ba
Multi-family2,614 sqft lot
More about this property
New listing
27
$744,999
1417 Concord Pl
Elizabeth, NJ 07208
7 bd3 ba19,998 sqft
Multi-family3,920 sqft lot
Sold 2020 for $475K
Vera Luna Victoria · SOCIETY REAL ESTATE
More about this property
New listing
27
$844,900
752-754 Eaton St
Elizabeth, NJ 07202
6 bd4 ba
Multi-family4,356 sqft lot
More about this property
New listing
4
$869,000
464 Walnut St
Elizabeth, NJ 07201
8 bd5 ba19,998 sqft
Multi-family11,326 sqft lot
Sold 2016 for $125K
More about this property
New listing
30
$888,888
119 Clark Pl
Elizabeth, NJ 07206
10 bd5 ba3,600 sqft
Multi-family3,049 sqft lot
More about this property
New listing
26
$899,000
558 Broadway
Elizabeth, NJ 07206
6 bd4 ba
Multi-family2,614 sqft lot
Sold 2022 for $710K
More about this property
New listing
36
$1,150,000
117-119 Stiles St
Elizabeth, NJ 07208
8 bd5 ba3,960 sqft
Multi-family5,663 sqft lot
More about this property
Looking to buy in Elizabeth?
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Active listings
129
Homes on market
Median list price
$699K
Avg. days on market
55
Days until sale
New this week
54
Newly listed
Price drops:10.1%of listings
Sale-to-list:104.8%
Top public schools in Elizabeth
38 schools tracked · 27,575 students
The largest public schools serving Elizabeth, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
John E. Dwyer Technology Academy
Grades 9-12 · 1,404 students
Admiral William F. Halsey Jr. Health & Public Safety Academy
Grades 9-12 · 1,291 students
Elizabeth High School - Frank J Cicarell Academy
Grades 9-12 · 1,291 students
Thomas Jefferson Arts Academy
Grades 9-12 · 1,156 students
Terence C. Reilly School No 7
Grades 2-8 · 1,147 students
William F. Halloran School No.22
Grades 2-8 · 1,145 students
Alexander Hamilton Preparatory Academy
Grades 9-12 · 1,022 students
Toussaint L'Ouverture-Marquis de Lafayette School No. 6
Grades PK-8 · 1,015 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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.
How many homes are for sale in Elizabeth?
There are currently 129 homes listed for sale in Elizabeth, NJ.
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