Is Phillipsburg, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Phillipsburg has remained a Seller's Market.
Key Takeaway
Phillipsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Phillipsburg, NJ cost?
Median Sold Price
$210,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$33,750(+19.1%)
Key Takeaway
Homes in Phillipsburg have sold for 19.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $65K | $100K | +53.8% |
| 2 Bedrooms | $130K | $160K | +23.1% |
| 3 Bedrooms | $176.7K | $210K | +18.8% |
| 4 Bedrooms | $194.5K | $250K | +28.5% |
| 5+ Bedrooms | $262.5K | $210K | -20.0% |
Median Sold Price Compared To Nearby Cities
| Phillipsburg | $176.2K | $210K | +19.1% |
| Easton | $165K | $195K | +18.2% |
| Lopatcong Township | $285K | $325K | +14.0% |
| Williams Township | $375K | $396.2K | +5.7% |
How many homes are available in Phillipsburg, NJ?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 58 | 56 | -3.4% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Phillipsburg, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 29 Days | 8 Days | -72.4% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Phillipsburg are selling fast, if you're buying plan to act quickly.
Information deemed reliable but not guaranteed. Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.