Housing Prices in Fairmount, NJ
How much do homes in Fairmount, NJ cost?
Median List Price
$469,000
$188/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Fairmount was $469,000 in April 2024, up 63.4% from the previous year, and the median price per square foot was $188.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $232.5K | N/A |
2 Bedrooms | $287K | $280K | -2.4% |
3 Bedrooms | $262.5K | $250K | -4.8% |
4 Bedrooms | $225K | $375K | +66.7% |
5+ Bedrooms | $350K | $639K | +82.6% |
Summary: Fairmount 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 2.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 82.6%.
Median List Price Compared To Nearby Neighborhoods
Fairmount | $287K | $469K | +63.4% |
Lower Roseville | $299.9K | $427K | +42.3% |
West Ward | $325K | $429.9K | +32.3% |
Lower Vailsburg | $349.9K | $409K | +16.9% |
University Heights | $299.9K | $335K | +11.7% |
Housing Supply in Fairmount, NJ
How many homes are available in Fairmount, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 56 | +3.7% |
Summary: The Fairmount real estate market had 56 homes for sale in April 2024, a 3.7% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 40 | 44 | +10.0% |
Summary: The Fairmount 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 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 10%.
Days on Market for Fairmount, NJ
How long does it take to sell a home in Fairmount, NJ?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
227 Days | 123 Days | -46.0% |
Summary: Homes in Fairmount had an average listing age of 123 days in Apr 2024, down by 46% compared to the previous year.