Is Blairstown, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Blairstown has remained a Seller's Market.
Housing Prices in Blairstown, NJ
How much do homes in Blairstown, NJ cost?
Median Sold Price
$485,000
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Blairstown was $485,000 in May 2024, up 13.1% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $259.2K | $269.9K | +4.1% |
3 Bedrooms | $377.5K | $446K | +18.1% |
4 Bedrooms | $539K | $526.5K | -2.3% |
5+ Bedrooms | $550K | $597K | +8.5% |
Summary: Blairstown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
Hope Township | $355K | $549K | +54.6% |
Blairstown Township | $412.5K | $468.5K | +13.6% |
Blairstown | $429K | $485K | +13.1% |
Housing Supply in Blairstown, NJ
How many homes are available in Blairstown, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 51 | +24.4% |
Summary: The Blairstown real estate market had 51 homes for sale in May 2024, a 24.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 19 | 24 | +26.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Blairstown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Blairstown in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Blairstown, NJ
How long does it take to sell a home in Blairstown, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 15 Days | -73.2% |
Summary: Homes in Blairstown had an average of 15 days on market in May 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Blairstown; 10% 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.