Is Eatontown, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Eatontown has remained a Seller's Market.
Housing Prices in Eatontown, NJ
How much do homes in Eatontown, NJ cost?
Median Sold Price
$460,900
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eatontown was $460,900 in March 2024, down 1.9% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110.5K | $149K | +34.8% |
2 Bedrooms | $367.5K | $328K | -10.7% |
3 Bedrooms | $551K | $599.9K | +8.9% |
4 Bedrooms | $615K | $630K | +2.4% |
5+ Bedrooms | $837.5K | $831.5K | -0.7% |
Summary: Eatontown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Shrewsbury | $670K | $835K | +24.6% |
Oceanport | $749K | $779.4K | +4.1% |
Eatontown | $470K | $460.9K | -1.9% |
West Long Branch | $820K | $780K | -4.9% |
Housing Supply in Eatontown, NJ
How many homes are available in Eatontown, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 44 | +4.8% |
Summary: The Eatontown real estate market had 44 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Eatontown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Eatontown in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for Eatontown, NJ
How long does it take to sell a home in Eatontown, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 26 Days | -21.9% |
Summary: Homes in Eatontown had an average of 26 days on market in Mar 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Eatontown; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.