Is Bedminster Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Bedminster Township has remained a Seller's Market.
Housing Prices in Bedminster Township, NJ
How much do homes in Bedminster Township, NJ cost?
Median Sold Price
$440,000
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bedminster Township was $440,000 in February 2024, up 4.5% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $270K | -1.8% |
2 Bedrooms | $390K | $430K | +10.3% |
3 Bedrooms | $542.9K | $641K | +18.1% |
4 Bedrooms | $775K | $845K | +9.0% |
5+ Bedrooms | $1.9M | $1.5M | -18.4% |
Summary: Bedminster Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 18.4%.
Median Sold Price Compared To Nearby Cities
Tewksbury Township | $760K | $855K | +12.5% |
Bedminster | $418K | $440K | +5.3% |
Bedminster Township | $421K | $440K | +4.5% |
Housing Supply in Bedminster Township, NJ
How many homes are available in Bedminster Township, NJ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Bedminster Township real estate market had 31 homes for sale in February 2024, a 24.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bedminster Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bedminster Township in February 2024, up by 100.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Bedminster Township, NJ
We’re sorry, we don't have information for this market at the moment