$2,672 Closing Credit*
$225,000
915 SqFt
2 Beds
•1 Full Bath
Robert Greenblatt, Listing Office: Weichert Realtors - Moorestown
Is Bellmawr, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Bellmawr has remained a Seller's Market.
Key Takeaway
Bellmawr is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellmawr, NJ
How much do homes in Bellmawr, NJ cost?
Median Sold Price
$300,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$35,000(+13.2%)
Key Takeaway
Homes in Bellmawr have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Bellmawr was $300,000 in September 2024, up 13.2% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $220K | $225K | +2.3% |
| 3 Bedrooms | $268.7K | $297.5K | +10.7% |
| 4 Bedrooms | $278K | $337.5K | +21.4% |
| 5+ Bedrooms | $345K | $1.4M | +315.2% |
Summary: Bellmawr 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 increased by 2.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 315.2%.
Median Sold Price Compared To Nearby Cities
| Bellmawr | $265K | $300K | +13.2% |
| Mount Ephraim | $270K | $299.9K | +11.1% |
| Brooklawn | $199.9K | $210K | +5.0% |
| Westville | $240K | $245K | +2.1% |
| Runnemede | $279.9K | $283.5K | +1.3% |
Housing Supply in Bellmawr, NJ
How many homes are available in Bellmawr, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The Bellmawr real estate market had 27 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bellmawr 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 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellmawr, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bellmawr in September 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Bellmawr, NJ
How long does it take to sell a home in Bellmawr, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 32 Days | +168.1% |
Summary: Homes in Bellmawr had an average of 32 days on market in Sep 2024, up by 168.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bellmawr has remained consistent over time.
Summary: During September 2024, 5 homes were sold in Bellmawr; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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