Newfield, NJ

Buyer's market-37.7% YoY

Housing market overview · Updated weekly

$240,000median sale price

Homes sold

2

Last 12 weeks

Days on market

278

Average pace

Active listings

11

5.5 months supply

Sale-to-list

96.7%

Below asking

The Newfield housing market is currently classified as a buyer's market with a median sale price of $240,000. Prices have fallen 37.7% compared to last year, with homes spending an average of 278 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newfield

There are currently 11 homes listed for sale in Newfield, New Jersey. The median listing price is $215K.

Active listings

11

Homes on market

Median list price

$215K

Avg. days on market

278

Days until sale

New this week

1

Newly listed

Price drops:9.1%of listings
Sale-to-list:96.7%

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Frequently asked questions

What is the average home price in Newfield?

The median home sale price in Newfield is $240,000, down 37.7% from last year.

How long do homes stay on market in Newfield?

Homes typically spend 278 days on market before going under contract.

Is Newfield a buyer's or seller's market?

With 5.5 months of supply, Newfield is currently a buyer's market.

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