$169,000
5.54 Acres
Land
Listing Office: KISTLE REALTY, LLC.
Is Branchville, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Branchville has remained a Seller's Market.
Key Takeaway
Branchville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Branchville, NJ
How much do homes in Branchville, NJ cost?
Median Sold Price
$420,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,500(+0.6%)
Key Takeaway
Homes in Branchville have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Branchville was $420,000 in December 2024, up 0.6% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $260K | +30.0% |
| 3 Bedrooms | $415K | $415K | 0.0% |
| 4 Bedrooms | $600K | $565K | -5.8% |
| 5+ Bedrooms | $615K | $1.1M | +91.1% |
Summary: Branchville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 91.1%.
Median Sold Price Compared To Nearby Cities
| Frankford Township | $415K | $433K | +4.3% |
| Branchville | $417.5K | $420K | +0.6% |
Housing Supply in Branchville, NJ
How many homes are available in Branchville, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Branchville real estate market had 23 homes for sale in December 2024, a 9.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Branchville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Branchville, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Branchville in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Branchville, NJ
How long does it take to sell a home in Branchville, NJ?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Branchville are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in Branchville; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
