Is Holmdel, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holmdel is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Holmdel, NJ

How much do homes in Holmdel, NJ cost?

Median Sold Price

$882,500

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$5,000(-0.6%)

Key Takeaway

Homes in Holmdel have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Holmdel was $882,500 in September 2024, down 0.6% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $183.4K-
N/A
2 $640K$550.1K
-14.0%
3 $585K$667K
+14.0%
4 $994.9K$985K
-1.0%
5+ $1.2M$1.3M
+1.3%

Summary: Holmdel 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 14%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Hazlet
+7.6%
Middletown
+7.4%
Lincroft
+5.2%
Holmdel Township
+1.1%
Holmdel
-0.6%

Housing Supply in Holmdel, NJ

How many homes are available in Holmdel, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7661-19.7%

Summary: The Holmdel real estate market had 61 homes for sale in September 2024, a 19.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 45
+25.0%
3 2217
-22.7%
4 2117
-19.0%
5+ 2820
-28.6%

Summary: The Holmdel housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2411-54.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holmdel, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Holmdel in September 2024, down by 54.2% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for Holmdel, NJ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
27 Days30 Days+9.8%

Summary: Homes in Holmdel had an average of 30 days on market in Sep 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 11 homes were sold in Holmdel; 55% of homes were sold within 30 days, 45% 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 10 Days Ago

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