Housing in Garfield, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$507,500

Median List Price

$582,450

Price Per Sq Ft

$354

Days on Market

94

Active Inventory

30

Months of Supply

3.8

Seller's market

Zillow Home Value

$570,335

ZHVI — January 2026

Zillow Rent Index

$2,498

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.6%List Price 3.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

100.6%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
10.0%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

6

Pending Sales

7

Homes Sold 0.0%New Listings 50.0%Pending 46.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$354

Median List $/SF

$395

Sale $/SF 3.2%List $/SF 24.2%Mar 24Jan 26

Garfield vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Garfield is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$454,300

Median Rent

$1,612

Total Housing Units

12,234

Vacancy Rate

5.7%

Owner Occupied

45.4%

Renter Occupied

54.6%

Median Property Tax

$9,255

per year

Monthly Cost (w/ Mortgage)

$1,977

Housing Types

Single Family
28.8%
Multi-Family
71.0%
Mobile Home
0.3%

The current median sale price in Garfield, NJ is $507,500 according to Redfin data. Homes spend a median of 94 days on the market. 50.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $354. Zillow's observed rent index is $2,498/month. About 45.4% of housing units are owner-occupied. The median year homes were built is 1954. There are 12,234 total housing units.