Is Buena Vista Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buena Vista Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Buena Vista Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Buena Vista Township, NJ

How much do homes in Buena Vista Township, NJ cost?

Median Sold Price

$295,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,000(+11.7%)

Key Takeaway

Homes in Buena Vista Township have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Buena Vista Township was $295,000 in November 2024, up 11.7% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150.5K
N/A
2 $234.9K$202.3K
-13.9%
3 $260K$296.5K
+14.0%
4 $294.4K$360K
+22.3%
5+ $200K-
N/A

Summary: Buena Vista Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Buena
+16.5%
Buena Vista Township
+11.7%

Housing Supply in Buena Vista Township, NJ

How many homes are available in Buena Vista Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3033+10.0%

Summary: The Buena Vista Township real estate market had 33 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1619
+18.8%
4 77
0.0%
5+ 22
0.0%

Summary: The Buena Vista Township housing inventory by bedroom type for November 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 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Buena Vista Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Buena Vista Township in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Buena Vista Township, NJ

How long does it take to sell a home in Buena Vista Township, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days10 Days-30.0%

Summary: Homes in Buena Vista Township had an average of 10 days on market in Nov 2024, down by 30% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buena Vista Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Buena Vista Township; 100% 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.

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

Report Updated 1 Day Ago

Newest Listings in Buena Vista Township, NJ

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What housing markets are near Buena Vista Township, NJ?