Is Audubon, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Audubon is a seller's market

Buyer's
Market

Difference Since September 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

$360,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$55,000(+18.0%)

Key Takeaway

Homes in Audubon have sold for 18% more than they did a year ago.

Summary: The median home sold price in Audubon was $360,000 in September 2024, up 18% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $252.5K$249K
-1.4%
3 $305K$350K
+14.8%
4 $380K$415K
+9.2%
5+ -$445K
N/A

Summary: Audubon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oaklyn
+20.5%
Audubon
+18.0%
Haddon Heights
+8.5%
Haddon Township
+1.2%

Housing Supply in Audubon, NJ

How many homes are available in Audubon, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2521-16.0%

Summary: The Audubon real estate market had 21 homes for sale in September 2024, a 16.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 11
0.0%
3 117
-36.4%
4 910
+11.1%
5+ 32
-33.3%

Summary: The Audubon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Audubon, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Audubon in September 2024, down by 63.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Sep 2023Sep 2024CHANGE
15 Days82 Days+436.6%

Summary: Homes in Audubon had an average of 82 days on market in Sep 2024, up by 436.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Audubon has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Audubon; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in Audubon, NJ

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