Housing Prices in North Hanover Township, NJ
How much do homes in North Hanover Township, NJ cost?
Median List Price
$659,995
$244/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in North Hanover Township has increased by 32.3% since last year.
Summary: The median home list price in North Hanover Township was $659,995 in April 2024, up 32.3% from the previous year, and the median price per square foot was $244.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $141K | $89.9K | -36.2% |
| 3 Bedrooms | $449.9K | $457.5K | +1.7% |
| 4 Bedrooms | $579.7K | $711.4K | +22.7% |
| 5+ Bedrooms | $869.9K | $974.4K | +12.0% |
Summary: North Hanover Township 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 36.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 12%.
Median List Price Compared To Nearby Cities
| North Hanover Township | $499K | $659.9K | +32.3% |
| Plumsted Township | $425K | $459.9K | +8.2% |
| Chesterfield | $640.4K | $649.9K | +1.5% |
| New Hanover Township | $395K | $325K | -17.7% |
Housing Supply in North Hanover Township, NJ
How many homes are available in North Hanover Township, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The North Hanover Township real estate market had 14 homes for sale in April 2024, a 27.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Hanover Township 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Days on Market for North Hanover Township, NJ
How long does it take to sell a home in North Hanover Township, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 102 Days | 54 Days | -46.8% |
Summary: Homes in North Hanover Township had an average listing age of 54 days in Apr 2024, down by 46.8% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.