Is Seaside Heights, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaside Heights is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Seaside Heights was a Seller's Market.

Key Takeaway

Seaside Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Seaside Heights, NJ

How much do homes in Seaside Heights, NJ cost?

Median Sold Price

$675,000

$418/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$100,000(+17.4%)

Key Takeaway

Homes in Seaside Heights have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Seaside Heights was $675,000 in March 2024, up 17.4% from last year, and the median price per square foot was $418.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $235K$292.4K
+24.4%
2 $404K$415K
+2.7%
3 $535K$650K
+21.5%
4 $794.5K$780K
-1.8%
5+ $832K$910K
+9.4%

Summary: Seaside Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.4%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Cities

Seaside Heights
+17.4%
Berkeley Township
+7.0%
Toms River Township
+1.5%

Housing Supply in Seaside Heights, NJ

How many homes are available in Seaside Heights, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
94101+7.4%

Summary: The Seaside Heights real estate market had 101 homes for sale in March 2024, a 7.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 1923
+21.1%
3 2022
+10.0%
4 2124
+14.3%
5+ 3430
-11.8%

Summary: The Seaside Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaside Heights, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Seaside Heights in March 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Seaside Heights, NJ

How long does it take to sell a home in Seaside Heights, NJ?

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days77 Days+32.7%

Summary: Homes in Seaside Heights had an average of 77 days on market in Mar 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Seaside Heights has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Seaside Heights; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

Newest Listings in Seaside Heights, NJ

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