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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Seaside Heights, NJ

How much do homes in Seaside Heights, NJ cost?

Median Sold Price

$729,000

$481/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$79,000(+12.2%)

Key Takeaway

Homes in Seaside Heights have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Seaside Heights was $729,000 in November 2024, up 12.2% from last year, and the median price per square foot was $481.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$312K
+27.3%
2 $360K$455K
+26.4%
3 $635K$732K
+15.3%
4 $775K$1.0M
+32.3%
5+ $910K$919K
+1.0%

Summary: Seaside Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Toms River Township
+13.3%
Seaside Heights
+12.2%
Berkeley Township
+6.0%

Housing Supply in Seaside Heights, NJ

How many homes are available in Seaside Heights, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113110-2.7%

Summary: The Seaside Heights real estate market had 110 homes for sale in November 2024, a 2.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 97
-22.2%
2 3532
-8.6%
3 2023
+15.0%
4 2224
+9.1%
5+ 2724
-11.1%

Summary: The Seaside Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Seaside Heights in November 2024, up by 50.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 5% were sold at asking, and 24% 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

Nov 2023Nov 2024CHANGE
45 Days55 Days+23.2%

Summary: Homes in Seaside Heights had an average of 55 days on market in Nov 2024, up by 23.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seaside Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in Seaside Heights; 43% of homes were sold within 30 days, 29% 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 12 Days Ago

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