Is Beach Haven, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beach Haven is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Beach Haven has remained a Buyer's Market.

Key Takeaway

Beach Haven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Beach Haven, NJ

How much do homes in Beach Haven, NJ cost?

Median Sold Price

$1,597,500

$848/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$60,000(-3.6%)

Key Takeaway

Homes in Beach Haven have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Beach Haven was $1,597,500 in February 2024, down 3.6% from last year, and the median price per square foot was $848.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $515K$450K
-12.6%
2 $743.7K$713K
-4.1%
3 $1.2M$1.1M
-6.1%
4 $1.6M$1.8M
+8.2%
5+ $2.2M$2.5M
+10.5%

Summary: Beach Haven housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Cities

Long Beach Township
+17.6%
Little Egg Harbor Township
+4.4%
Beach Haven
-3.6%

Housing Supply in Beach Haven, NJ

How many homes are available in Beach Haven, NJ?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
104112+7.7%

Summary: The Beach Haven real estate market had 112 homes for sale in February 2024, a 7.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 56
+20.0%
2 66
0.0%
3 911
+22.2%
4 2929
0.0%
5+ 5560
+9.1%

Summary: The Beach Haven housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beach Haven, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Beach Haven in February 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Beach Haven, NJ

How long does it take to sell a home in Beach Haven, NJ?

Average Sale Time

Feb 2023Feb 2024CHANGE
51 Days59 Days+16.8%

Summary: Homes in Beach Haven had an average of 59 days on market in Feb 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beach Haven has remained consistent over time.

Summary: During February 2024, 7 homes were sold in Beach Haven; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 28 Days Ago

Newest Listings in Beach Haven, NJ

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