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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagleswood Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eagleswood Township was a Buyer's Market.

Key Takeaway

Eagleswood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eagleswood Township, NJ

How much do homes in Eagleswood Township, NJ cost?

Median Sold Price

$795,000

$214/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$625,000(+367.6%)

Key Takeaway

Homes in Eagleswood Township have sold for 367.6% more than they did a month ago.

Summary: The median home sold price in Eagleswood Township was $795,000 in March 2024, up 367.6% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$134.1K
N/A
2 $170K-
N/A
3 --
N/A
4 --
N/A
5+ -$795K
N/A

Summary: Eagleswood Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eagleswood Township, NJ

How many homes are available in Eagleswood Township, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1516+6.7%

Summary: The Eagleswood Township real estate market had 16 homes for sale in March 2024, a 6.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 45
+25.0%
4 24
+100.0%
5+ 22
0.0%

Summary: The Eagleswood Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were 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 Eagleswood Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eagleswood Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Eagleswood Township, NJ

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

Average Sale Time

Feb 2024Mar 2024CHANGE
43 Days38 Days-10.1%

Summary: Homes in Eagleswood Township had an average of 38 days on market in Mar 2024, down by 10.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eagleswood Township has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Eagleswood Township; 33% of homes were sold within 30 days, 67% 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 25 Days Ago

Newest Listings in Eagleswood Township, NJ

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