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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hainesport Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Hainesport Township, NJ

How much do homes in Hainesport Township, NJ cost?

Median Sold Price

$434,950

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$39,950(+10.1%)

Key Takeaway

Homes in Hainesport Township have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Hainesport Township was $434,950 in March 2024, up 10.1% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $308.9K$382.5K
+23.8%
3 $351K$407K
+16.0%
4 $579.8K$650K
+12.1%
5+ -$732.5K
N/A

Summary: Hainesport Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lumberton
+35.2%
Lumberton Township
+35.2%
Hainesport Township
+10.1%
Hainesport
+10.1%
Westampton Township
+2.9%

Housing Supply in Hainesport Township, NJ

How many homes are available in Hainesport Township, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2529+16.0%

Summary: The Hainesport Township real estate market had 29 homes for sale in March 2024, a 16.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 1010
0.0%
5+ 46
+50.0%

Summary: The Hainesport 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hainesport Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hainesport Township in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Hainesport Township, NJ

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

Average Sale Time

Mar 2023Mar 2024CHANGE
9 Days36 Days+294.3%

Summary: Homes in Hainesport Township had an average of 36 days on market in Mar 2024, up by 294.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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

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

Summary: During March 2024, 5 homes were sold in Hainesport Township; 60% of homes were sold within 30 days, 40% 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 28 Days Ago

Newest Listings in Hainesport Township, NJ

Nearby Markets to Hainesport Township, NJ

What housing markets are near Hainesport Township, NJ?