Is Stafford Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stafford Township has remained a Seller's Market.
Housing Prices in Stafford Township, NJ
How much do homes in Stafford Township, NJ cost?
Median Sold Price
$525,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stafford Township was $525,000 in April 2024, up 12.8% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $150K | -1.3% |
2 Bedrooms | $285K | $301.5K | +5.8% |
3 Bedrooms | $429K | $484.5K | +12.9% |
4 Bedrooms | $649K | $640K | -1.4% |
5+ Bedrooms | $642.6K | $769.9K | +19.8% |
Summary: Stafford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 19.8%.
Median Sold Price Compared To Nearby Cities
West Creek | $350K | $585K | +67.1% |
Long Beach Township | $1.6M | $1.8M | +13.1% |
Stafford Township | $465.3K | $525K | +12.8% |
Manahawkin | $465.5K | $520.8K | +11.9% |
Barnegat Township | $426.9K | $439.9K | +3.1% |
Housing Supply in Stafford Township, NJ
How many homes are available in Stafford Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
161 | 156 | -3.1% |
Summary: The Stafford Township real estate market had 156 homes for sale in April 2024, a 3.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 27 | 27 | 0.0% |
3 Bedrooms | 58 | 63 | +8.6% |
4 Bedrooms | 50 | 38 | -24.0% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Stafford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 35 | +6.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Stafford Township in April 2024, up by 6.1% month-over-month. Of the 35 sold homes, 46% were sold under asking, 17% were sold at asking, and 37% were sold over asking.
Days on Market for Stafford Township, NJ
How long does it take to sell a home in Stafford Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 71 Days | +51.5% |
Summary: Homes in Stafford Township had an average of 71 days on market in Apr 2024, up by 51.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Stafford Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.