Is Pohatcong Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pohatcong Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Pohatcong Township has remained a Neutral Market.

Key Takeaway

Pohatcong Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pohatcong Township, NJ

How much do homes in Pohatcong Township, NJ cost?

Median Sold Price

$345,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$19,500(-5.3%)

Key Takeaway

Homes in Pohatcong Township have sold for 5.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$310K
N/A
3 $364.5K$380K
+4.3%
4 --
N/A
5+ --
N/A

Summary: Pohatcong Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pohatcong Township
-5.3%
Greenwich Township
-26.7%

Housing Supply in Pohatcong Township, NJ

How many homes are available in Pohatcong Township, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1312-7.7%

Summary: The Pohatcong Township real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 87
-12.5%
4 33
0.0%
5+ 11
0.0%

Summary: The Pohatcong Township housing inventory by bedroom type for December 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pohatcong Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Pohatcong Township in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Pohatcong Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Pohatcong Township, NJ

Nearby Markets to Pohatcong Township, NJ

What housing markets are near Pohatcong Township, NJ?