Is Atco, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Atco was a Seller's Market.
Housing Prices in Atco, NJ
How much do homes in Atco, NJ cost?
Median Sold Price
$300,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Atco was $300,000 in March 2024, up 5.1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $209.5K | $217.5K | +3.8% |
3 Bedrooms | $265K | $309K | +16.6% |
4 Bedrooms | $350K | $376.1K | +7.5% |
5+ Bedrooms | $357.5K | $415K | +16.1% |
Summary: Atco housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
Waterford Works | $260K | $315K | +21.2% |
Berlin | $315K | $355.5K | +12.9% |
Atco | $285.5K | $300K | +5.1% |
Waterford Township | $312.5K | $325K | +4.0% |
Housing Supply in Atco, NJ
How many homes are available in Atco, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 65 | -3.0% |
Summary: The Atco real estate market had 65 homes for sale in March 2024, a 3.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 28 | 28 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Atco 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Atco in March 2024, up by 150.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Atco, NJ
How long does it take to sell a home in Atco, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 78 Days | +132.8% |
Summary: Homes in Atco had an average of 78 days on market in Mar 2024, up by 132.8% 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 Atco; 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.