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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Harrison Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in South Harrison Township, NJ cost?

Median Sold Price

$567,500

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$27,500(+5.1%)

Key Takeaway

Homes in South Harrison Township have sold for 5.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 -$38K
N/A
3 $365K$446.5K
+22.3%
4 $565K$580K
+2.7%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Mullica Hill
+20.0%
Woolwich Township
+5.9%
South Harrison Township
+5.1%
Pilesgrove Township
0.0%

How many homes are available in South Harrison Township, NJ?

Number of Homes For Sale

Nov 2022Dec 2022%
138-38.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 41
-75.0%
4 75
-28.6%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Harrison Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Dec 2021Dec 2022%
15 Days21 Days+43.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Harrison Township are selling fast, if you're buying plan to act quickly.

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

About South Harrison Township, NJ

Homes for sale in South Harrison Township, NJ have reached 8. The inventory of homes for sale in South Harrison Township, NJ between November 2022 and December 2022 decreased by 38.5%. While the average time on the market in December 2022 was 21 days, the median list price was $567,500. This housing market listing prices have changed between November 2022 and December 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 22.3%, the cost of 4 bedrooms properties went up by 2.7%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, 3 bedrooms homes became 75% less available, the quantity of 4 bedrooms homes went down by 28.6%, volume of 5 bedrooms homes stayed the same. While more than 1 listings in South Harrison Township, NJ in December 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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