Is Lawnside, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lawnside was a Buyer's Market.
Housing Prices in Lawnside, NJ
How much do homes in Lawnside, NJ cost?
Median Sold Price
$293,450
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lawnside was $293,450 in March 2024, up 7.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $108K | $187.5K | +73.6% |
3 Bedrooms | $273K | $272.5K | -0.2% |
4 Bedrooms | $349K | $320K | -8.3% |
5+ Bedrooms | $310K | $394.5K | +27.3% |
Summary: Lawnside 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 73.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Cities
Somerdale | $245K | $298.9K | +22.0% |
Magnolia | $260K | $280K | +7.7% |
Lawnside | $273K | $293.4K | +7.5% |
Barrington | $325K | $345K | +6.2% |
Housing Supply in Lawnside, NJ
How many homes are available in Lawnside, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Lawnside real estate market had 17 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lawnside 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lawnside in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lawnside, NJ
How long does it take to sell a home in Lawnside, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 38 Days | +194.2% |
Summary: Homes in Lawnside had an average of 38 days on market in Mar 2024, up by 194.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Lawnside; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.