Housing in Garwood, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$610,000

Median List Price

$649,000

Price Per Sq Ft

$457

Days on Market

21

Active Inventory

3

Months of Supply

0.6

Seller's market

Zillow Home Value

$669,052

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.9%List Price 14.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

60.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

102.8%

Seller's market

Sold Above Asking
60.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

3

Pending Sales

2

Homes Sold 28.6%New Listings 40.0%Pending 75.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$457

Median List $/SF

$340

Sale $/SF 30.6%List $/SF 10.4%Mar 24Jan 26

Garwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Garwood 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

$509,800

Median Rent

$1,603

Total Housing Units

2,093

Vacancy Rate

1.9%

Owner Occupied

54.8%

Renter Occupied

45.2%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,214

Housing Types

Single Family
48.5%
Multi-Family
51.5%
Mobile Home
0.0%

The current median sale price in Garwood, NJ is $610,000 according to Redfin data. Homes spend a median of 21 days on the market. 60.0% of homes sold above asking price. The market has 0.6 months of supply. The median price per square foot is $457. The median rent is $1,603 per month (Census ACS). About 54.8% of housing units are owner-occupied. The median year homes were built is 1953. There are 2,093 total housing units.