Is Holland Township, 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, Holland Township has remained a Seller's Market.
Key Takeaway
Holland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holland Township, NJ
How much do homes in Holland Township, NJ cost?
Median Sold Price
$455,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holland Township have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Holland Township was $455,000 in March 2024, up 16.7% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | - | N/A |
| 2 Bedrooms | $300K | $393.5K | +31.2% |
| 3 Bedrooms | $375K | $435K | +16.0% |
| 4 Bedrooms | $475K | $620K | +30.5% |
| 5+ Bedrooms | $940K | $2.2M | +135.1% |
Summary: Holland 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 31.2%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 135.1%.
Median Sold Price Compared To Nearby Cities
| Holland Township | $390K | $455K | +16.7% |
| Milford | $395K | $450K | +13.9% |
| Alexandria Township | $560K | $610.8K | +9.1% |
| Pohatcong Township | $308K | $320K | +3.9% |
Housing Supply in Holland Township, NJ
How many homes are available in Holland Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Holland Township real estate market had 21 homes for sale in March 2024, a 10.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Holland 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 decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holland Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Holland Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Holland Township, NJ
We’re sorry, we don't have information for this market at the moment
