Is Lakehurst, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lakehurst has remained a Seller's Market.
Housing Prices in Lakehurst, NJ
How much do homes in Lakehurst, NJ cost?
Median Sold Price
$319,900
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lakehurst was $319,900 in April 2024, up 10.3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $241.5K | $319.9K | +32.5% |
3 Bedrooms | $290K | $315K | +8.6% |
4 Bedrooms | $392.5K | $280K | -28.7% |
5+ Bedrooms | $380K | $500K | +31.6% |
Summary: Lakehurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
Lakehurst | $290K | $319.9K | +10.3% |
Manchester Township | $239.3K | $245K | +2.4% |
Housing Supply in Lakehurst, NJ
How many homes are available in Lakehurst, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Summary: The Lakehurst real estate market had 5 homes for sale in April 2024, a 50.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 1 | -75.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakehurst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lakehurst in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lakehurst, NJ
How long does it take to sell a home in Lakehurst, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 18 Days | -4.3% |
Summary: Homes in Lakehurst had an average of 18 days on market in Apr 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lakehurst; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.