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Featured local agent — Green Village, NJ
Sarah Mitchell
Compass Real Estate · Green Village, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Green Village, NJ Housing Market
The last median sale price Redfin published was $3.27M (through May 2026). With 2.0 months of supply, Green Village is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $3.27M home is about $17,484/mo in principal and interest.
Key numbers for Green Village, NJ
Median sale price
$3.27M
Last published period
Redfin, through May 2026
Active listings
2
2.0 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
$82,353
Home costs 39.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
121.3%
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 Village a buyer's or seller's market?
Green Village, NJ is a strong seller's market, based on 2.0 months of supply. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Green Village housing market data show?
Every row below is Redfin's final published month for Green Village, NJ. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $3.27M |
| Median list price | $3.22M |
| Median price per sq ft | $651/sq ft |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 121.3% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Market condition | Strong seller's market |
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 Village is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Green Village 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 Village home prices moved?
Across the 26 months we hold for Green Village, NJ, the median sale price rose 345.6%, from $735,000 in June 2021 to $3.27M. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 121.3%. 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 Village?
Priced off the median sale price of $3.27M 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% | $655,000 | $2.62M | $17,484/mo |
| 5% | $163,750 | $3.11M | $20,762/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 $17,484, that implies roughly $749,303 a year before you add taxes and insurance. The median household in Green Village earns $82,353, about $666,950 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 39.8x — 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 Village in the next 12 months?
Tell us your timeline. We send the Green Village 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 Village?
Zillow does not publish a rent index (ZORI) for Green Village, 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 Village?
Active listings in Green Village, NJ went from 1 in July 2022 to 2 in May 2026, a +100.0% 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 |
|---|---|---|
| August 2022 | 1 | 1 |
| January 2023 | 1 | 1 |
| March 2023 | 1 | not published |
| October 2023 | 1 | 1 |
| November 2023 | 1 | not published |
| January 2024 | 1 | not published |
| March 2024 | 1 | not published |
| April 2024 | 3 | 2 |
| October 2024 | 1 | 1 |
| March 2025 | 1 | 1 |
| June 2025 | 1 | 1 |
| May 2026 | 2 | 2 |
Redfin, through May 2026
How does Green Village compare to New Jersey and the U.S.?
Green Village homes sell for $3.27M — 465% above the New Jersey median of $579,900. Against the national median of $410,700, Green Village runs 697% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Green Village, NJ | $3.27M | not published | 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 Village
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $3,278 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 $3.27M 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 121.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Green Village added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Green Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Green Village
There are currently 2 homes listed for sale in Green Village, New Jersey. The median listing price is $3.2M.
Active listings
2
Homes on market
Median list price
$3.2M
New this week
2
Newly listed
How much do homes cost in Green Village by property type?
How the Green Village, 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 | $3.27M | $651/sq ft | 1 | not published |
Who lives in Green Village?
American Community Survey estimates for Green Village. U.S. Census ACS, 2023
Population
1,040
Households
548
Median income
$82,353/yr
Median age
56.3 years
Owner-occupied
45.4%
Median home value
$763,000
Median gross rent
$2,771/mo
Mean commute
22.5 min
45.4% of occupied homes in Green Village 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 Village, NJ?
Ordered by distance from Green Village, not by size. Compare Green Village side by side with any of them.
Green Village housing market FAQ
Is Green Village a buyer's or seller's market?
Green Village, NJ is currently a strong seller's market. That read comes from 2.0 months of supply, and sellers getting 121.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Green Village?
The median sale price in the last month Redfin published was $3.27M, about $651 per square foot.
Is Green Village cheaper than the rest of New Jersey?
Green Village's median sale price of $3.27M is 465% higher than the New Jersey statewide median of $579,900, and 697% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Green Village?
We do not hold a days-on-market figure for Green Village, 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 Village?
At the current 30-year fixed rate of 7.03%, 20% down on a $3.27M home is about $17,484 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $749,303 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $82,353.
Are home prices rising in Green Village?
We do not hold a complete 12-month value series for Green Village, NJ yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Green Village?
Green Village 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 Village?
That depends on your timeline, not on a headline. What the data says today: Green Village, NJ is a strong seller's market with 2.0 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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One email: what homes are actually clearing at around $3.27M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.