Is Liberty Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Liberty Township, NJ

How much do homes in Liberty Township, NJ cost?

Median Sold Price

$479,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$104,500(+27.9%)

Key Takeaway

Homes in Liberty Township have sold for 27.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $165K-
N/A
2 $329K$330K
0.3%
3 $285K$510K
+78.9%
4 $460K$542.5K
+17.9%
5+ $390K-
N/A

Summary: Liberty Township 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 0.3%, 3 bedroom homes increased by 78.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Great Meadows
+36.6%
Liberty Township
+27.9%
Independence Township
+8.7%
Oxford
-17.6%

Housing Supply in Liberty Township, NJ

How many homes are available in Liberty Township, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1012+20.0%

Summary: The Liberty Township real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 36
+100.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Liberty Township 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Liberty Township in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Liberty Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Liberty Township, NJ

Nearby Markets to Liberty Township, NJ

What housing markets are near Liberty Township, NJ?