Is Manville, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Manville was a Seller's Market.
Housing Prices in Manville, NJ
How much do homes in Manville, NJ cost?
Median Sold Price
$417,500
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Manville was $417,500 in April 2024, up 13.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $354.8K | +14.5% |
3 Bedrooms | $367.5K | $425K | +15.6% |
4 Bedrooms | $385K | $423.5K | +10.0% |
5+ Bedrooms | $370K | $460K | +24.3% |
Summary: Manville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 24.3%.
Median Sold Price Compared To Nearby Cities
Manville | $367.5K | $417.5K | +13.6% |
Bridgewater | $544K | $616.8K | +13.4% |
Bridgewater Township | $550.2K | $618.7K | +12.5% |
Somerset | $446K | $489.6K | +9.8% |
Hillsborough | $483K | $525K | +8.7% |
Housing Supply in Manville, NJ
How many homes are available in Manville, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 53 | +20.5% |
Summary: The Manville real estate market had 53 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Manville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Manville in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for Manville, NJ
How long does it take to sell a home in Manville, NJ?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Manville; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.