$2,316 Closing Credit*
$195,000
1,016 SqFt
2 Beds
•1 Full Bath, 1 Partial
Julie Brogan, Listing Office: Society
Is Clementon, 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, Clementon has remained a Seller's Market.
Key Takeaway
Clementon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clementon, NJ
How much do homes in Clementon, NJ cost?
Median Sold Price
$268,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$43,000(+19.1%)
Key Takeaway
Homes in Clementon have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in Clementon was $268,000 in September 2024, up 19.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.7K | $135K | +52.1% |
| 2 Bedrooms | $170K | $180.2K | +6.0% |
| 3 Bedrooms | $252.2K | $271.5K | +7.6% |
| 4 Bedrooms | $345K | $370K | +7.2% |
| 5+ Bedrooms | $410K | $420K | +2.4% |
Summary: Clementon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Clementon | $225K | $268K | +19.1% |
| Pine Hill | $231K | $255K | +10.4% |
| Berlin | $327.7K | $360K | +9.8% |
| Lindenwold | $237K | $230K | -3.0% |
Housing Supply in Clementon, NJ
How many homes are available in Clementon, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 82 | 72 | -12.2% |
Summary: The Clementon real estate market had 72 homes for sale in September 2024, a 12.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 35 | 33 | -5.7% |
| 4 Bedrooms | 27 | 21 | -22.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Clementon 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 decreased by 12.5%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clementon, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Clementon in September 2024, down by 30.8% month-over-month. Of the 18 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Clementon, NJ
How long does it take to sell a home in Clementon, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 37 Days | +101.6% |
Summary: Homes in Clementon had an average of 37 days on market in Sep 2024, up by 101.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clementon are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 18 homes were sold in Clementon; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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