Market - Warren, Local.

Chart: share of Warren NJ home sales closed over asking price by year, 2019 to 2026, with 2026 at 40.8 percent, 49 of 120

Warren Local

Four in ten Warren homes sold over asking this year, the winning bid ran a median $51,000 over, and the third quarter share slipped to 36 percent

49 of Warren's 120 home sales since January 1 closed over ask, 40.8 percent, at a median $51,000 premium. The third quarter share fell to 36.4 percent from 45.2.

Chart: Warren NJ home closings from July 1 to September 23 by year, 2011 to 2026, with 2026 at 42, the fewest since 2011

Warren Local

Warren's closings are down 24 percent this quarter, its contracts are down 4 percent, and 28 sales are waiting to close

42 Warren closings since July 1 against 55 a year ago, at a $1,302,500 median. Contracts 43 against 45. 28 homes under contract, 15 dated to close by September 30.

Chart: Warren NJ home sales paid in cash by year, 2015 to 2026, peaking at 36.5 percent in 2024 and 21.9 percent this year

Warren Local

One in four Warren home sales was all cash over the last twelve months, down from one in three, and the pullback is almost entirely in detached houses

42 of 172 Warren sales in the twelve months to September 16 were all cash, 24.4 percent, down from 34.5. Detached fell to 20.6 percent, townhouses held at 38.9.

Chart: Warren NJ monthly closings January to August, 2026 against 2025, both years at 109, with August 2026 highlighted

Warren Local

Sixteen homes closed in Warren in August at a $1,234,500 median, and the year is tied with 2025 at 109 closings each

Sixteen August closings at a $1,234,500 median, against 15 at $1,462,000 a year ago. Detached alone ran $1,435,000. Both years stand at 109 closings through August.

Chart: attached share of Warren NJ closings rose from 4.1% in 2021 to 23.3% in 2025, with detached and attached medians

Warren Local

Strip out the townhouses and Warren's median is $1,300,000

Warren's blended median is $1,177,500. Detached alone ran $1,300,000 on 132 sales and attached $832,500 on 40. Both segments rose faster than the blend.

Chart comparing Warren NJ homes that cut price, 96 days on market, against those that did not, 21 days

Warren Local

The 31 Warren sellers who cut their price took 96 days to sell. The 144 who did not took 21.

Of 175 Warren closings in twelve months, 31 cut the asking price. Those took 96 days and closed at 90.8 percent of the original ask. The other 144 took 21 days.

Bar chart of median days on market by listing month in Warren Township, lowest in March and April at 18 to 19 days and

Warren Local

Warren homes listed in March and April sell fastest, and March clears ask most often

Across 1,512 Warren listings since 2019, March launches sold in 19 days with 57.4 percent at or over ask. November launches took 47 days at 97.1 percent.

Bar chart of median days on market by price band in Warren Township, showing 19 to 22 days in the middle bands and 32 to 41

Warren Local

Warren has a barbell problem, and the middle of the market is where the competition is

Across 364 Warren closings since August 2024, homes between $750,000 and $1.5 million sold in about three weeks at asking price. The ends took half again as long.

Line chart of the Warren Housing Index from 2000 to 2026, rising from 100 to 219.7 with a flat final segment.

Warren Local

Warren's price per square foot has nearly flattened, and the twelve month index is up just 1.5 percent

The Warren Housing Index reads 221.7 for the twelve months to August 20, up 1.5 percent. Price per square foot is down 0.9 percent year to date while median price is up 4.9 percent.