Is Pohatcong Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pohatcong Township was a Seller's Market.
Housing Prices in Pohatcong Township, NJ
How much do homes in Pohatcong Township, NJ cost?
Median Sold Price
$320,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pohatcong Township was $320,000 in March 2024, up 3.9% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $240K | $287.5K | +19.8% |
3 Bedrooms | $330K | $332.5K | +0.8% |
4 Bedrooms | $325K | $320K | -1.5% |
5+ Bedrooms | $327K | - | N/A |
Summary: Pohatcong Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Williams Township | $340.3K | $420K | +23.4% |
Phillipsburg | $254.7K | $287K | +12.7% |
Pohatcong Township | $308K | $320K | +3.9% |
Housing Supply in Pohatcong Township, NJ
How many homes are available in Pohatcong Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The Pohatcong Township real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pohatcong Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Pohatcong Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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