Is Audubon, 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, Audubon has remained a Seller's Market.
Key Takeaway
Audubon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Audubon, NJ
How much do homes in Audubon, NJ cost?
Median Sold Price
$321,500
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Audubon have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Audubon was $321,500 in April 2024, up 0.5% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $250K | -2.0% |
| 3 Bedrooms | $305K | $310K | +1.6% |
| 4 Bedrooms | $373.6K | $415K | +11.1% |
| 5+ Bedrooms | - | $333K | N/A |
Summary: Audubon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Haddon Heights | $383K | $457.4K | +19.4% |
| Oaklyn | $255.5K | $299K | +17.0% |
| Haddon Township | $390K | $421.5K | +8.1% |
| Audubon | $319.7K | $321.5K | 0.5% |
Housing Supply in Audubon, NJ
How many homes are available in Audubon, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Audubon real estate market had 24 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Audubon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Audubon, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Audubon in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Audubon, NJ
How long does it take to sell a home in Audubon, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 27 Days | -57.8% |
Summary: Homes in Audubon had an average of 27 days on market in Apr 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Audubon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Audubon; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
