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

Housing Market Conditions



Gauge showing Randolph Township is a seller's market


Difference Since May 2022

Since last year, Randolph Township has remained a Seller's Market.

Key Takeaway

Randolph Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Randolph Township, NJ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Randolph Township have sold for 12.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $385K$431.5K
3 $463.5K$525K
4 $685K$730K
5+ $789.9K$860.5K

Median Sold Price Compared To Nearby Cities

Randolph Township
Mine Hill Township
Mine Hill

How many homes are available in Randolph Township, NJ?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 79
3 1923
4 4250
5+ 912

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randolph Township, you could pay more than the asking price. 82.6% of homes here sold above asking price last month.

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

What housing markets are near Randolph Township, NJ?

About Randolph Township, NJ

Randolph Township, NJ has 94 homes on the market. The number of homes for sale in Randolph Township, NJ increased by 22.1% between April 2023 and May 2023. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 12.1% more expensive, 3 bedrooms properties prices increased by 13.3%, the cost of 4 bedrooms properties went up by 6.6%, the cost of 5 bedrooms properties went up by 8.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 28.6%, number of 3 bedrooms homes increased by 21.1%, 4 bedrooms homes inventory increased by 19%, 5 bedrooms homes became 33.3% more available. Randolph Township, NJ housing market in May 2023 saw over 19 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.