Is High Bridge, 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, High Bridge has remained a Buyer's Market.
Key Takeaway
High Bridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in High Bridge, NJ
How much do homes in High Bridge, NJ cost?
Median Sold Price
$339,500
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in High Bridge have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in High Bridge was $339,500 in March 2024, up 9.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $230K | $240K | +4.3% |
| 3 Bedrooms | $320K | $337K | +5.3% |
| 4 Bedrooms | $475K | $540K | +13.7% |
| 5+ Bedrooms | $465K | $530.4K | +14.1% |
Summary: High Bridge 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 4.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| High Bridge | $310K | $339.5K | +9.5% |
| Lebanon Township | $570K | $600K | +5.3% |
| Clinton Township | $455K | $475K | +4.4% |
| Annandale | $425K | $419.5K | -1.3% |
Housing Supply in High Bridge, NJ
How many homes are available in High Bridge, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The High Bridge real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The High Bridge 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 remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in High Bridge, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in High Bridge in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for High Bridge, NJ
We’re sorry, we don't have information for this market at the moment
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