Brokers — List your Company Here
Featured local agent — New Gretna, NJ
Sarah Mitchell
Compass Real Estate · New Gretna, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
New Gretna, NJ Housing Market
The last median sale price Redfin published was $125,000 (through May 2026). With homes going under contract in about 54 days, New Gretna is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $125,000 home is about $667/mo in principal and interest.
Key numbers for New Gretna, NJ
Median sale price
$125,000
Last published period
Redfin, through March 2026
Days on market
54
Average pace
Redfin, through March 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$93,438
Home costs 1.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
78.6%
Selling below asking
Redfin, through March 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 New Gretna a buyer's or seller's market?
New Gretna, NJ is a buyer's market and homes selling in about 54 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Gretna housing market data show?
Every row below is Redfin's final published month for New Gretna, NJ. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $125,000 |
| Median price per sq ft | $66/sq ft |
| Median days on market | 54 days |
| Sale-to-list price ratio | 78.6% |
| Homes sold (that month) | 1 |
| Market condition | Buyer'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 New Gretna is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Gretna 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 New Gretna home prices moved?
Across the 26 months we hold for New Gretna, NJ, the median sale price rose 25.0%, from $100,000 in April 2021 to $125,000.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
Get New Gretna market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in New Gretna?
Priced off the median sale price of $125,000 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% | $25,000 | $100,000 | $667/mo |
| 5% | $6,250 | $118,750 | $792/mo |
Redfin, through March 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 $667, that implies roughly $28,599 a year before you add taxes and insurance. The median household in New Gretna earns $93,438, about $64,839 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.3x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Gretna in the next 12 months?
Tell us your timeline. We send the New Gretna 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 New Gretna?
Zillow does not publish a rent index (ZORI) for New Gretna, 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 New Gretna?
Active listings in New Gretna, NJ went from 3 in August 2022 to 2 in November 2025, a -33.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| January 2023 | 4 | not published |
| April 2023 | 4 | 1 |
| May 2023 | 3 | 1 |
| September 2023 | 2 | not published |
| October 2023 | 2 | not published |
| May 2024 | 2 | not published |
| August 2024 | 1 | 1 |
| October 2024 | 1 | 1 |
| June 2025 | 3 | 2 |
| July 2025 | 2 | 1 |
| September 2025 | 2 | not published |
| November 2025 | 2 | 1 |
Redfin, through November 2025
How does New Gretna compare to New Jersey and the U.S.?
New Gretna homes sell for $125,000 — 78% below the New Jersey median of $579,900. Against the national median of $410,700, New Gretna runs 70% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Gretna, NJ | $125,000 | not published | 54 days |
| New Jersey statewide | $579,900 | +3.7% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Gretna
What buyers should watch
- The gap between 5% and 20% down here is $125 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 $125,000 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
- The median New Gretna listing goes under contract in 54 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 78.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside New Gretna varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in New Gretna
Explore homes currently listed for sale in New Gretna, New Jersey across major real estate platforms.
How much do homes cost in New Gretna by property type?
How the New Gretna, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $125,000 | $66/sq ft | 1 | 54 days |
Who lives in New Gretna?
American Community Survey estimates for New Gretna. U.S. Census ACS, 2023
Population
249
Households
77
Median income
$93,438/yr
Median age
39.3 years
Owner-occupied
87.0%
Median home value
$289,700
Mean commute
23.2 min
87.0% of occupied homes in New Gretna 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 New Gretna, NJ?
Ordered by distance from New Gretna, not by size. Compare New Gretna side by side with any of them.
New Gretna housing market FAQ
Is New Gretna a buyer's or seller's market?
New Gretna, NJ is currently a buyer's market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in New Gretna?
The median sale price in the last month Redfin published was $125,000, about $66 per square foot.
Is New Gretna cheaper than the rest of New Jersey?
New Gretna's median sale price of $125,000 is 78% lower than the New Jersey statewide median of $579,900, and 70% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Gretna?
Homes in New Gretna, NJ spent a median of 54 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in New Gretna?
At the current 30-year fixed rate of 7.03%, 20% down on a $125,000 home is about $667 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $28,599 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $93,438.
Are home prices rising in New Gretna?
We do not hold a complete 12-month value series for New Gretna, 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 New Gretna?
New Gretna 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 New Gretna?
That depends on your timeline, not on a headline. What the data says today: New Gretna, NJ is a buyer's market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on New Gretna, NJ
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching New Gretna
Nearby markets
Get the New Gretna market brief
Get the New Gretna, NJ market brief
One email: what homes are actually clearing at around $125,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.