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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandyston Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Sandyston Township, NJ

How much do homes in Sandyston Township, NJ cost?

Median Sold Price

$310,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$47,000(+17.9%)

Key Takeaway

Homes in Sandyston Township have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $188.5K$225K
+19.4%
2 $177K$282.5K
+59.6%
3 $350K$355K
+1.4%
4 $460K$410K
-10.9%
5+ --
N/A

Summary: Sandyston Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 59.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sandyston Township
+17.9%
Frankford Township
+3.8%
Montague
-17.6%

Housing Supply in Sandyston Township, NJ

How many homes are available in Sandyston Township, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56+20.0%

Summary: The Sandyston Township real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 34
+33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Sandyston Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was 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 Sandyston Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Sandyston Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Sandyston 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 5 Days Ago

Newest Listings in Sandyston Township, NJ

Nearby Markets to Sandyston Township, NJ

What housing markets are near Sandyston Township, NJ?