Is Haddonfield, 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, Haddonfield has remained a Seller's Market.
Key Takeaway
Haddonfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haddonfield, NJ
How much do homes in Haddonfield, NJ cost?
Median Sold Price
$650,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Haddonfield have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Haddonfield was $650,000 in May 2024, up 2.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $429.2K | $270K | -37.1% |
| 2 Bedrooms | $340K | $370K | +8.8% |
| 3 Bedrooms | $556.5K | $540K | -3.0% |
| 4 Bedrooms | $780K | $765K | -1.9% |
| 5+ Bedrooms | $997.5K | $1.2M | +21.6% |
Summary: Haddonfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
| Cherry Hill | $376.2K | $434K | +15.4% |
| Cherry Hill Township | $375.5K | $430.1K | +14.6% |
| Barrington | $315K | $356K | +13.0% |
| Haddonfield | $636K | $650K | +2.2% |
Housing Supply in Haddonfield, NJ
How many homes are available in Haddonfield, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 65 | +20.4% |
Summary: The Haddonfield real estate market had 65 homes for sale in May 2024, a 20.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 5 | +400.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 16 | 21 | +31.3% |
Summary: The Haddonfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 400%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haddonfield, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Haddonfield in May 2024, down by 8.3% month-over-month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.
Days on Market for Haddonfield, NJ
How long does it take to sell a home in Haddonfield, NJ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 10 Days | -66.2% |
Summary: Homes in Haddonfield had an average of 10 days on market in May 2024, down by 66.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Haddonfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Haddonfield; 100% 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.
