$9,203 Closing Credit*
$775,000
3 Beds
•2 Full Baths, 1 Partial
Listing Office: COLDWELL BANKER REALTY
Is Clark Township, 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, Clark Township has remained a Seller's Market.
Key Takeaway
Clark Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clark Township, NJ
How much do homes in Clark Township, NJ cost?
Median Sold Price
$650,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,000(+4.0%)
Key Takeaway
Homes in Clark Township have sold for 4% more than they did a year ago.
Summary: The median home sold price in Clark Township was $650,000 in December 2024, up 4% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $292.5K | +12.5% |
| 2 Bedrooms | $430K | $532.5K | +23.8% |
| 3 Bedrooms | $560K | $622.5K | +11.2% |
| 4 Bedrooms | $670K | $699K | +4.3% |
| 5+ Bedrooms | $850K | $962.5K | +13.2% |
Summary: Clark Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in Clark Township, NJ
How many homes are available in Clark Township, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 49 | 41 | -16.3% |
Summary: The Clark Township real estate market had 41 homes for sale in December 2024, a 16.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 23 | 18 | -21.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Clark Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clark Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Clark Township in December 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for Clark Township, NJ
How long does it take to sell a home in Clark Township, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 67 Days | +306.1% |
Summary: Homes in Clark Township had an average of 67 days on market in Dec 2024, up by 306.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clark Township has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Clark Township; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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