$2,909 Closing Credit*
$245,000
1,365 SqFt
4 Beds
•2 Full Baths
Francine Loucks, Listing Office: Century 21 Alliance-Medford
Is Oaklyn, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Oaklyn was a Seller's Market.
Key Takeaway
Oaklyn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oaklyn, NJ
How much do homes in Oaklyn, NJ cost?
Median Sold Price
$310,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$52,750(+20.5%)
Key Takeaway
Homes in Oaklyn have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Oaklyn was $310,500 in September 2024, up 20.5% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231K | $241.5K | +4.5% |
| 3 Bedrooms | $250K | $297K | +18.8% |
| 4 Bedrooms | $350K | $390K | +11.4% |
| 5+ Bedrooms | $415K | $428K | +3.1% |
Summary: Oaklyn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Oaklyn | $257.7K | $310.5K | +20.5% |
| Audubon | $305K | $360K | +18.0% |
| Collingswood | $367K | $403K | +9.8% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Oaklyn, NJ
How many homes are available in Oaklyn, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Oaklyn real estate market had 37 homes for sale in September 2024, a 2.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Oaklyn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oaklyn, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Oaklyn in September 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Oaklyn, NJ
How long does it take to sell a home in Oaklyn, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 13 Days | -34.5% |
Summary: Homes in Oaklyn had an average of 13 days on market in Sep 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oaklyn are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Oaklyn; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
