Is Lopatcong Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lopatcong Township has remained a Seller's Market.
Housing Prices in Lopatcong Township, NJ
How much do homes in Lopatcong Township, NJ cost?
Median Sold Price
$360,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lopatcong Township was $360,000 in March 2024, up 12.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $183K | $199K | +8.7% |
2 Bedrooms | $260K | $270K | +3.8% |
3 Bedrooms | $337.5K | $364.7K | +8.1% |
4 Bedrooms | $457.5K | $500K | +9.3% |
5+ Bedrooms | $555K | $550K | -0.9% |
Summary: Lopatcong Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Harmony Township | $327.5K | $380K | +16.0% |
Phillipsburg | $254.7K | $287K | +12.7% |
Lopatcong Township | $320K | $360K | +12.5% |
Stewartsville | $440K | $443K | +0.7% |
Housing Supply in Lopatcong Township, NJ
How many homes are available in Lopatcong Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 40 | +33.3% |
Summary: The Lopatcong Township real estate market had 40 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lopatcong Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lopatcong Township in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Lopatcong Township, NJ
We’re sorry, we don't have information for this market at the moment