Is Seaside Heights, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Seaside Heights was a Seller's Market.
Housing Prices in Seaside Heights, NJ
How much do homes in Seaside Heights, NJ cost?
Median Sold Price
$729,950
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Seaside Heights was $729,950 in May 2024, up 22.7% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $280.9K | +14.7% |
2 Bedrooms | $365K | $435K | +19.2% |
3 Bedrooms | $540K | $654.5K | +21.2% |
4 Bedrooms | $782.5K | $879.7K | +12.4% |
5+ Bedrooms | $850K | $912.5K | +7.4% |
Summary: Seaside Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Seaside Heights | $595K | $729.9K | +22.7% |
Berkeley Township | $315K | $336.5K | +6.8% |
Toms River Township | $368.4K | $382.7K | +3.9% |
Housing Supply in Seaside Heights, NJ
How many homes are available in Seaside Heights, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 115 | -0.9% |
Summary: The Seaside Heights real estate market had 115 homes for sale in May 2024, a 0.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 22 | 20 | -9.1% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 33 | 35 | +6.1% |
Summary: The Seaside Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Seaside Heights in May 2024, down by 9.5% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% were sold over asking.
Days on Market for Seaside Heights, NJ
How long does it take to sell a home in Seaside Heights, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 28 Days | -19.7% |
Summary: Homes in Seaside Heights had an average of 28 days on market in May 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Seaside Heights; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.