Is Eastampton Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Eastampton Township has remained a Seller's Market.
Key Takeaway
Eastampton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastampton Township, NJ
How much do homes in Eastampton Township, NJ cost?
Median Sold Price
$479,990
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eastampton Township have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Eastampton Township was $479,990 in April 2024, up 15.7% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $469.9K | $459.9K | -2.1% |
| 3 Bedrooms | $380K | $475.4K | +25.1% |
| 4 Bedrooms | $422K | $502.3K | +19.0% |
| 5+ Bedrooms | $550K | $600K | +9.1% |
Summary: Eastampton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Lumberton | $315K | $455K | +44.4% |
| Eastampton Township | $414.9K | $479.9K | +15.7% |
| Springfield Township | $535K | $575K | +7.5% |
| Mount Holly | $350K | $370K | +5.7% |
| Westampton Township | $350K | $367.5K | +5.0% |
Housing Supply in Eastampton Township, NJ
How many homes are available in Eastampton Township, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Summary: The Eastampton Township real estate market had 28 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Eastampton Township housing inventory by bedroom type for April 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 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastampton Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Eastampton Township in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Eastampton Township, NJ
How long does it take to sell a home in Eastampton Township, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +19.0% |
Summary: Homes in Eastampton Township had an average of 27 days on market in Apr 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastampton Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Eastampton Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
