Is Lopatcong 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, Lopatcong Township has remained a Seller's Market.
Housing Prices in Lopatcong Township, NJ
How much do homes in Lopatcong Township, NJ cost?
Median Sold Price
$366,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lopatcong Township was $366,500 in April 2024, up 16.3% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184K | $199K | +8.2% |
2 Bedrooms | $260K | $273K | +5.0% |
3 Bedrooms | $325K | $368K | +13.2% |
4 Bedrooms | $453K | $510K | +12.6% |
5+ Bedrooms | $555K | $550K | -0.9% |
Summary: Lopatcong Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Lopatcong Township | $315K | $366.5K | +16.3% |
Phillipsburg | $259.9K | $291.8K | +12.3% |
Stewartsville | $445K | $425K | -4.5% |
Greenwich Township | $525K | $485K | -7.6% |
Housing Supply in Lopatcong Township, NJ
How many homes are available in Lopatcong Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Summary: The Lopatcong Township real estate market had 43 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lopatcong Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lopatcong Township in April 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Lopatcong Township, NJ
We’re sorry, we don't have information for this market at the moment