Is Neshanic Station, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Neshanic Station was a Seller's Market.
Housing Prices in Neshanic Station, NJ
How much do homes in Neshanic Station, NJ cost?
Median Sold Price
$640,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Neshanic Station was $640,000 in April 2024, down 9.9% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $550K | $474.5K | -13.7% |
3 Bedrooms | $545K | $596.5K | +9.4% |
4 Bedrooms | $745K | $741.2K | -0.5% |
5+ Bedrooms | $827K | $787K | -4.8% |
Summary: Neshanic Station 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 decreased by 13.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Branchburg Township | $536.9K | $605K | +12.7% |
Hillsborough | $483K | $525K | +8.7% |
Hillsborough Township | $485.3K | $525K | +8.2% |
Neshanic Station | $710K | $640K | -9.9% |
Housing Supply in Neshanic Station, NJ
How many homes are available in Neshanic Station, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The Neshanic Station real estate market had 17 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Neshanic Station 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Neshanic Station in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Neshanic Station, NJ
We’re sorry, we don't have information for this market at the moment