Greenwich, NJ08323

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$278,000
4.4% YoY Growth
Median Household Income
$87,000
18.0% 5-Year Growth
Days on Market
78
21.0% Shorter than last year
Home Price Forecast
1.8%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Greenwich, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Greenwich, NJ is 78. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$329,000-33.0%
Listing Count
50.0%
Listings as % of Homes0.6%0.0%
Days on Market
78-21.0%
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Demographics — Greenwich, NJ

As of the latest ACS Survey released in 2023, Greenwich, NJ has a population of 736, which has increased by 20.1% over the past 5 years. Greenwich, NJ is a moderately popular place for families, as children make up 15.8% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
73620.1%
% Under 18
15.8%-23.3%
% Seniors
27.6%21.6%
% WFH
10.5%483.3%
% w/ College Degree
34.1%-0.6%
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As of the latest ACS Survey released in 2023, Greenwich, NJ is a predominantly white area, with 87.6% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Greenwich, NJ is hispanic, making up 8.2% of the population. Foreign-born residents account for 5.7% of the population in Greenwich, NJ, and this percentage has increased by 216.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.6%2.8%
% Black
2.2%-66.2%
% Hispanic
8.2%43.9%
% Asian
0.5%-84.8%
% Foreign Born
5.7%216.7%
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Mortgage and Risk — Greenwich, NJ

Greenwich, NJ lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Greenwich, NJ

Greenwich, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
8.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,130
2 BedroomN/AN/A$1,410
3 BedroomN/AN/A$1,920
4 BedroomN/AN/A$1,940

Affordability — Greenwich, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$278,000
Median Household Income$87,000

Greenwich, NJ — ZIP Code Boundary Map

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Frequently Asked Questions