Housing Prices in 3rd Ward, NJ

How much do homes in 3rd Ward, NJ cost?

Median List Price

$447,500

$167/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$48,500(+12.2%)

Key Takeaway

The list price of homes in 3rd Ward has increased by 12.2% since last year.

Summary: The median home list price in 3rd Ward was $447,500 in April 2024, up 12.2% from the previous year, and the median price per square foot was $167.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $147.9K$150.4K
+1.7%
2 $199K$213.5K
+7.3%
3 $384.9K$409.9K
+6.5%
4 $419.9K$469K
+11.7%
5+ $499.9K$499.9K
0.0%

Summary: 3rd Ward housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

4th Ward
+65.3%
Riverside
+30.4%
3rd Ward
+12.2%
Manor Section
-9.5%

Housing Supply in 3rd Ward, NJ

How many homes are available in 3rd Ward, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2319-17.4%

Summary: The 3rd Ward real estate market had 19 homes for sale in April 2024, a 17.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 31
-66.7%
4 76
-14.3%
5+ 1010
0.0%

Summary: The 3rd Ward housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Days on Market for 3rd Ward, NJ

How long does it take to sell a home in 3rd Ward, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
186 Days102 Days-44.9%

Summary: Homes in 3rd Ward had an average listing age of 102 days in Apr 2024, down by 44.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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