Is Mount Holly, 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, Mount Holly was a Neutral Market.
Housing Prices in Mount Holly, NJ
How much do homes in Mount Holly, NJ cost?
Median Sold Price
$365,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mount Holly was $365,000 in March 2024, up 4.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $147K | -2.0% |
2 Bedrooms | $250K | $249.9K | 0% |
3 Bedrooms | $351.4K | $365K | +3.8% |
4 Bedrooms | $390K | $420K | +7.7% |
5+ Bedrooms | $345K | $374.9K | +8.7% |
Summary: Mount Holly housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Eastampton Township | $410K | $467.9K | +14.1% |
Hainesport | $395K | $434.9K | +10.1% |
Mount Holly | $350K | $365K | +4.3% |
Mount Holly Township | $362K | $374.4K | +3.4% |
Westampton Township | $350K | $360K | +2.9% |
Housing Supply in Mount Holly, NJ
How many homes are available in Mount Holly, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 126 | -2.3% |
Summary: The Mount Holly real estate market had 126 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 26 | 21 | -19.2% |
3 Bedrooms | 72 | 74 | +2.8% |
4 Bedrooms | 24 | 24 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mount Holly housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Mount Holly in March 2024, down by 5.9% month-over-month. Of the 16 sold homes, 13% were sold under asking, 19% were sold at asking, and 69% were sold over asking.
Days on Market for Mount Holly, NJ
How long does it take to sell a home in Mount Holly, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 21 Days | -46.1% |
Summary: Homes in Mount Holly had an average of 21 days on market in Mar 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Mount Holly; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.