$2,363 Closing Credit*
$199,000
1,646 SqFt
3 Beds
•2 Full Baths, 1 Partial
Celia Rose Criniti, Listing Office: Keller Williams Realty
Is Pine Hill, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Pine Hill has remained a Seller's Market.
Key Takeaway
Pine Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Hill, NJ
How much do homes in Pine Hill, NJ cost?
Median Sold Price
$255,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$24,000(+10.4%)
Key Takeaway
Homes in Pine Hill have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Pine Hill was $255,000 in September 2024, up 10.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $130K | -1.9% |
| 2 Bedrooms | $167.5K | $202.5K | +20.9% |
| 3 Bedrooms | $236.5K | $255K | +7.8% |
| 4 Bedrooms | $285K | $315K | +10.5% |
| 5+ Bedrooms | $352.5K | $335K | -5.0% |
Summary: Pine Hill housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
| Clementon | $225K | $268K | +19.1% |
| Pine Hill | $231K | $255K | +10.4% |
| Berlin | $327.7K | $360K | +9.8% |
| Lindenwold | $237K | $230K | -3.0% |
Housing Supply in Pine Hill, NJ
How many homes are available in Pine Hill, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The Pine Hill real estate market had 43 homes for sale in September 2024, a 4.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pine Hill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
4 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 Pine Hill, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Pine Hill in September 2024, up by 27.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Pine Hill, NJ
How long does it take to sell a home in Pine Hill, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 31 Days | +121.2% |
Summary: Homes in Pine Hill had an average of 31 days on market in Sep 2024, up by 121.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pine Hill are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 14 homes were sold in Pine Hill; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
