$99,800
0.17 Acres
Land
Randall P Vickery, Listing Office: Keller Williams Realty
Is Lawnside, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lawnside has remained a Seller's Market.
Key Takeaway
Lawnside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawnside, NJ
How much do homes in Lawnside, NJ cost?
Median Sold Price
$300,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$52,250(+21.1%)
Key Takeaway
Homes in Lawnside have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in Lawnside was $300,000 in September 2024, up 21.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133K | $147.5K | +10.9% |
| 3 Bedrooms | $235K | $297.9K | +26.8% |
| 4 Bedrooms | $320K | $320K | 0.0% |
| 5+ Bedrooms | $349.5K | $400K | +14.4% |
Summary: Lawnside 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 increased by 10.9%, 3 bedroom homes increased by 26.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| Somerdale | $260K | $329K | +26.5% |
| Lawnside | $247.7K | $300K | +21.1% |
| Magnolia | $269K | $310K | +15.2% |
| Barrington | $325K | $365K | +12.3% |
Housing Supply in Lawnside, NJ
How many homes are available in Lawnside, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Lawnside real estate market had 9 homes for sale in September 2024, a 18.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lawnside housing inventory by bedroom type for September 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawnside, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lawnside in September 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 61 Days | +120.5% |
Summary: Homes in Lawnside had an average of 61 days on market in Sep 2024, up by 120.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lawnside are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Lawnside; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
