Is Kenilworth, NJ 07033 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Kenilworth is a seller’s market. With about 2.9 months of supply and 74% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score69/ 100

#48 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #125 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply2.9Under 4 months = seller’s market
Sold above original list73.6%Share of sales, last 3 months
Median sale-to-list103.8%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$471▲ +35.5% vs. last year

The Kenilworth housing market right now

In the three months ending August 31, 2026, 74% of homes in Kenilworth, NJ 07033 sold above their list price, the typical home went under contract in 17 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 53%, homes sold faster (57 days then) and the median sale price fell 7% to $624,730. Overall, Kenilworth is more competitive than a year ago, so tougher for buyers.

Within Union County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Kenilworth ranks #108 of 444 NJ ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Elizabethport 07206 (58% sold over asking) or Linden 07036 (59% sold over asking), while New Providence 07974 (91% sold over asking) and Berkeley Heights 07922 (85% sold over asking) are even more competitive.

Nearby markets

Berkeley Heights 07922Seller’s market $504 /sq ftClark 07066Seller’s market $413 /sq ftCranford 07016Seller’s market $469 /sq ftElizabeth 07201Balanced $296 /sq ft Browse all markets →

Where Kenilworth is

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Questions about Kenilworth real estate

Is Kenilworth a buyer’s or seller’s market?

A seller’s market: there were 2.9 months of supply in Kenilworth, NJ 07033 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Kenilworth?

The typical home went under contract in 17 days in the latest three months.

Do homes in Kenilworth sell over asking?

74% of homes sold above their original list price, and the typical sale closed at 103.8% of the list price.

What are property taxes in Kenilworth?

About 2.00% of a home’s value a year in Kenilworth Boro, Union County, or roughly $8,008 on a $400,000 home.

What is the median home price in Kenilworth?

The median sale price was $624,730 in the three months ending August 31, 2026, about $471 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology