The Elizabeth housing market is very competitive. The median sale price of a home in Elizabeth was $568K last month, up 7.1% since last year. The median sale price per square foot in Elizabeth is $332, up 19.9% since last year.
What is the housing market like in Elizabeth today?
In June 2025, Elizabeth home prices were up 7.1% compared to last year, selling for a median price of $568K. On average, homes in Elizabeth sell after 32 days on the market compared to 38 days last year. There were 40 homes sold in June this year, up from 40 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$567,500
+7.1% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Elizabeth, NJ
$567,500
+7.1%
United States
To compare other locations to the Elizabeth and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Elizabeth's median sale price is 21% higher than the national average. Overall cost of living in Elizabeth is 14% higher than the national average. Learn which home features in Elizabeth add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Elizabeth
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How hot is the Elizabeth housing market?
Elizabeth is very competitive. Homes sell in 34 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 34 days.
Hot homes
can sell for about 8% above list price and go pending in around 16 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
105.1%
+1.3 pt YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Elizabeth, NJ
105.1%
+1.3 pt
United States
Elizabeth Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Elizabeth homebuyers searched to move out of Elizabeth, while 69% looked to stay within the metropolitan area.
Where are people moving to Elizabeth from?
Across the nation, 3% of homebuyers searched to move into Elizabeth from outside metros.
Los Angeles homebuyers searched to move into Elizabeth more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Elizabeth moving to?
69% of Elizabeth homebuyers searched to stay within the Elizabeth metropolitan area.
Miami was the most popular destination among Elizabeth homebuyers followed by Philadelphia and Boston.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Elizabeth housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Elizabeth.
Flood Factor - Major
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Elizabeth has a major risk of flooding. 3,381 properties in Elizabeth are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in Elizabeth. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Elizabeth has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Elizabeth is most at risk from hurricanes. 19,363 properties in Elizabeth have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 120 mph.