Is Aberdeen Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Aberdeen Township has remained a Seller's Market.
Housing Prices in Aberdeen Township, NJ
How much do homes in Aberdeen Township, NJ cost?
Median Sold Price
$476,666
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Aberdeen Township was $476,666 in March 2024, up 5.9% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $305K | +22.0% |
2 Bedrooms | $325K | $370K | +13.8% |
3 Bedrooms | $480K | $499.9K | +4.2% |
4 Bedrooms | $545K | $605K | +11.0% |
5+ Bedrooms | $580K | $545K | -6.0% |
Summary: Aberdeen Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 6%.
Housing Supply in Aberdeen Township, NJ
How many homes are available in Aberdeen Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 50 | +16.3% |
Summary: The Aberdeen Township real estate market had 50 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 11 | 16 | +45.5% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Aberdeen Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Aberdeen Township in March 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Aberdeen Township, NJ
How long does it take to sell a home in Aberdeen Township, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 40 Days | +12.6% |
Summary: Homes in Aberdeen Township had an average of 40 days on market in Mar 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Aberdeen Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.