Is Mount Holly Township, 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 Township was a Neutral Market.
Key Takeaway
Mount Holly Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Holly Township, NJ
How much do homes in Mount Holly Township, NJ cost?
Median Sold Price
$374,450
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Holly Township have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Mount Holly Township was $374,450 in March 2024, up 3.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $129K | N/A |
| 2 Bedrooms | $245K | $245K | 0.0% |
| 3 Bedrooms | $365K | $375K | +2.7% |
| 4 Bedrooms | $365K | $395K | +8.2% |
| 5+ Bedrooms | $335K | $374.9K | +11.9% |
Summary: Mount Holly Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 11.9%.
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 Township, NJ
How many homes are available in Mount Holly Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 | 97 | -2.0% |
Summary: The Mount Holly Township real estate market had 97 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 60 | 59 | -1.7% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Mount Holly Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Holly Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Mount Holly Township in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Mount Holly Township, NJ
How long does it take to sell a home in Mount Holly Township, NJ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 26 Days | -42.6% |
Summary: Homes in Mount Holly Township had an average of 26 days on market in Mar 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Holly Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Mount Holly Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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