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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddon Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Haddon Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Haddon Township, NJ

How much do homes in Haddon Township, NJ cost?

Median Sold Price

$425,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$5,000(+1.2%)

Key Takeaway

Homes in Haddon Township have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Haddon Township was $425,000 in September 2024, up 1.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $265K$246K
-7.2%
3 $390K$415K
+6.4%
4 $472.5K$600K
+27.0%
5+ $554.5K$595K
+7.3%

Summary: Haddon Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Cities

Oaklyn
+20.5%
Audubon
+18.0%
Collingswood
+9.8%
Haddon Township
+1.2%

Housing Supply in Haddon Township, NJ

How many homes are available in Haddon Township, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4342-2.3%

Summary: The Haddon Township real estate market had 42 homes for sale in September 2024, a 2.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2523
-8.0%
4 1210
-16.7%
5+ 13
+200.0%

Summary: The Haddon Township 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 increased by 20%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddon Township, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Haddon Township in September 2024, down by 14.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.

Days on Market for Haddon Township, NJ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
10 Days27 Days+155.0%

Summary: Homes in Haddon Township had an average of 27 days on market in Sep 2024, up by 155% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Haddon Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Haddon 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Haddon Township, NJ

Nearby Markets to Haddon Township, NJ

What housing markets are near Haddon Township, NJ?