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Featured local agent — Garwood, NJ
Sarah Mitchell
Compass Real Estate · Garwood, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Garwood, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$675,000median sale price
How is the Garwood, NJ housing market right now?
The median home sale price in Garwood, NJ is $675,000. Homes sell in an average of 12 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Garwood a buyer's or seller's market?
Garwood, NJ is currently a strong seller's market, based on 0.6 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
12
Fast-moving
Active listings
3
0.6 months supply
Sale-to-list
104.3%
Above asking
What does the Garwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $675,000 |
| Median list price | $665,000 |
| Average days on market | 12 days |
| Active inventory | 3 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 104.3% |
| Median price per sq ft | $411/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 5 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Garwood by property type?
How the Garwood, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $700,000 | $421/sq ft | 3 | 17 days |
Source: Redfin · Updated monthly
The Garwood housing market is currently classified as a strong seller's market with a median sale price of $675,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 12 days on market, indicating 0.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.0x provides context for how home values compare to local earning capacity.
Homes for sale in Garwood
There are currently 3 homes listed for sale in Garwood, New Jersey. The median listing price is $665K.
Active listings
3
Homes on market
Median list price
$665K
Avg. days on market
12
Days until sale
New this week
5
Newly listed
Who lives in Garwood?
Population
4,688
Median income
$100,948/yr
Median age
42.7 years
Owner-occupied
54.8%
College grads
43.8%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Garwood?
Zillow home value
$704,713
Price-to-income
7.0x
Source: Zillow Research
What is it like to live in Garwood?
Garwood is a community of approximately 5K residents with a median age of 42.7 years.The median household income is $100,948, which reflects a relatively affluent area with strong earning potential. 43.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 54.8%, showing a blend of owner and renter-occupied properties. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Garwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Garwood?
1 schools tracked · 350 students
The largest public schools serving Garwood, 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.
Lincoln
Grades PK-8 · 350 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Garwood, NJ?
Want a head-to-head view? Compare Garwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Garwood?
The median home sale price in Garwood is $675,000, down 0.0% from last year.
How long do homes stay on market in Garwood?
Homes typically spend 12 days on market before going under contract.
What is the median income in Garwood?
The median household income is $100,948 per year.
Is Garwood a buyer's or seller's market?
With 0.6 months of supply, Garwood is currently a strong seller's market.
What is the Zillow home value estimate for Garwood?
The Zillow Home Value Index (ZHVI) for Garwood is $704,713, representing the typical home value in the area.
How much does a single-family home cost in Garwood?
The median single-family home price in Garwood, NJ is $700,000 (about $421 per square foot).
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