Is Maple Shade, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Shade is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Maple Shade has remained a Seller's Market.

Key Takeaway

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

How much do homes in Maple Shade, NJ cost?

Median Sold Price

$251,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$31,000(+14.1%)

Key Takeaway

Homes in Maple Shade have sold for 14.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $111K$140K
+26.1%
2 $149.9K$180K
+20.1%
3 $255.3K$262K
+2.6%
4 $274.7K$323.5K
+17.7%
5+ $335.2K$350K
+4.4%

Median Sold Price Compared To Nearby Cities

Maple Shade
+14.1%
Maple Shade Township
+13.6%
Cherry Hill
+9.5%
Cherry Hill Township
+9.3%

How many homes are available in Maple Shade, NJ?

Number of Homes For Sale

Oct 2022Nov 2022%
5246-11.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 20
-100.0%
2 1513
-13.3%
3 2123
+9.5%
4 128
-33.3%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
159-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Shade, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
30 Days17 Days-44.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maple Shade are selling fast, if you're buying plan to act quickly.

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

About Maple Shade, NJ

Maple Shade, NJ has 46 homes on the market. The inventory of homes for sale in Maple Shade, NJ between October 2022 and November 2022 decreased by 11.5%. The median list price of listings available in November 2022 was $251,000, while the average time on the real estate market was 17 days. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties prices increased by 26.1%, 2 bedrooms properties became 20.1% more expensive, 3 bedrooms properties prices increased by 2.6%, prices of 4 bedrooms properties increased by 17.7%, the cost of 5 bedrooms properties went up by 4.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 100%, number of 2 bedrooms homes decreased by 13.3%, number of 3 bedrooms homes increased by 9.5%, 4 bedrooms homes became 33.3% less available, volume of 5 bedrooms homes stayed the same. Over 5 listings were sold over their listed price in November 2022 in Maple Shade, NJ. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.

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