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Featured local agent — Green Knoll, NJ
Sarah Mitchell
Compass Real Estate · Green Knoll, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Green Knoll, NJ Housing Market
The last median sale price Redfin published was $1.33M, +90.7% year over year (through May 2026). With 12.0 months of supply, Green Knoll is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $1.33M home is about $7,127/mo in principal and interest.
Key numbers for Green Knoll, NJ
Median sale price
$1.33M
+90.7% year over year
Redfin, through May 2026
Active listings
12
12.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$156,630
Home costs 8.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.7%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Green Knoll a buyer's or seller's market?
Green Knoll, NJ is a leaning buyer's, based on 12.0 months of supply. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Green Knoll housing market data show?
Every row below is Redfin's final published month for Green Knoll, NJ. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.33M |
| Median list price | $734,390 |
| Year-over-year price change | +90.7% |
| Median price per sq ft | $364/sq ft |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 102.7% |
| Homes sold (that month) | 1 |
| New listings (that month) | 16 |
| Listings with a price cut | 8.3% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Green Knoll is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Green Knoll is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Green Knoll home prices moved?
Over the last three years the median sale price in Green Knoll, NJ rose 67.8%, from $795,500 to $1.33M. 8.3% of Green Knoll listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 12.0 months while the sale-to-list ratio slips below its current 102.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Green Knoll?
Priced off the median sale price of $1.33M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $267,000 | $1.07M | $7,127/mo |
| 5% | $66,750 | $1.27M | $8,463/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $7,127, that implies roughly $305,441 a year before you add taxes and insurance. The median household in Green Knoll earns $156,630, about $148,811 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 8.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Green Knoll in the next 12 months?
Tell us your timeline. We send the Green Knoll market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Green Knoll?
Zillow does not publish a rent index (ZORI) for Green Knoll, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Green Knoll?
Active listings in Green Knoll, NJ went from 10 in May 2025 to 12 in May 2026, a +20.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 6 | 3 |
| July 2025 | 10 | 8 |
| August 2025 | 9 | 6 |
| September 2025 | 7 | 4 |
| October 2025 | 7 | 4 |
| November 2025 | 5 | 3 |
| December 2025 | 1 | not published |
| January 2026 | 2 | 2 |
| February 2026 | 3 | 4 |
| March 2026 | 3 | 3 |
| April 2026 | 5 | 3 |
| May 2026 | 12 | 16 |
Redfin, through May 2026
How does Green Knoll compare to New Jersey and the U.S.?
Green Knoll homes sell for $1.33M — 130% above the New Jersey median of $579,900. Against the national median of $410,700, Green Knoll runs 225% higher. Year-over-year, Green Knoll moved +90.7% against New Jersey's +3.7% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Green Knoll, NJ | $1.33M | +90.7% | not published |
| New Jersey statewide | $579,900 | +3.7% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Green Knoll
What buyers should watch
- Months of supply, currently 12.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 8.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,336 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.33M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- Homes here close at 102.7% of asking. Price at the number you want and let competition do the rest.
- In the last published month Green Knoll added 16 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Green Knoll varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Green Knoll
There are currently 12 homes listed for sale in Green Knoll, New Jersey. The median listing price is $734K.
Active listings
12
Homes on market
Median list price
$734K
New this week
16
Newly listed
How much do homes cost in Green Knoll by property type?
How the Green Knoll, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.33M | $364/sq ft | 1 | not published |
Who lives in Green Knoll?
American Community Survey estimates for Green Knoll. U.S. Census ACS, 2023
Population
6,664
Households
2,372
Median income
$156,630/yr
Median age
44.1 years
Owner-occupied
75.9%
Median home value
$581,600
Median gross rent
$1,417/mo
Mean commute
28 min
75.9% of occupied homes in Green Knoll are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Green Knoll, NJ?
Ordered by distance from Green Knoll, not by size. Compare Green Knoll side by side with any of them.
Green Knoll housing market FAQ
Is Green Knoll a buyer's or seller's market?
Green Knoll, NJ is currently a leaning buyer's. That read comes from 12.0 months of supply, and sellers getting 102.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Green Knoll?
The median sale price in the last month Redfin published was $1.33M, about $364 per square foot.
Is Green Knoll cheaper than the rest of New Jersey?
Green Knoll's median sale price of $1.33M is 130% higher than the New Jersey statewide median of $579,900, and 225% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Green Knoll?
We do not hold a days-on-market figure for Green Knoll, NJ. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in Green Knoll?
At the current 30-year fixed rate of 7.03%, 20% down on a $1.33M home is about $7,127 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $305,441 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $156,630.
Are home prices rising in Green Knoll?
Redfin's last published year-over-year change for Green Knoll, NJ was +90.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Green Knoll?
Green Knoll ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Green Knoll?
That depends on your timeline, not on a headline. What the data says today: Green Knoll, NJ is a leaning buyer's with 12.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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