Is Stafford Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Stafford Township was a Seller's Market.
Housing Prices in Stafford Township, NJ
How much do homes in Stafford Township, NJ cost?
Median Sold Price
$519,833
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stafford Township was $519,833 in March 2024, up 11.8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $150K | -1.3% |
2 Bedrooms | $285K | $303K | +6.3% |
3 Bedrooms | $425K | $475.3K | +11.8% |
4 Bedrooms | $647.4K | $637.5K | -1.5% |
5+ Bedrooms | $642.6K | $754.9K | +17.5% |
Summary: Stafford Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Cities
West Creek | $349.5K | $588.5K | +68.4% |
Stafford Township | $465K | $519.8K | +11.8% |
Long Beach Township | $1.5M | $1.7M | +11.4% |
Manahawkin | $465.5K | $515.6K | +10.8% |
Barnegat Township | $430K | $435.9K | +1.4% |
Housing Supply in Stafford Township, NJ
How many homes are available in Stafford Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
190 | 212 | +11.6% |
Summary: The Stafford Township real estate market had 212 homes for sale in March 2024, a 11.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 29 | 27 | -6.9% |
3 Bedrooms | 50 | 67 | +34.0% |
4 Bedrooms | 72 | 79 | +9.7% |
5+ Bedrooms | 35 | 37 | +5.7% |
Summary: The Stafford Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 31 | -13.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Stafford Township in March 2024, down by 13.9% month-over-month. Of the 31 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.
Days on Market for Stafford Township, NJ
How long does it take to sell a home in Stafford Township, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 44 Days | -6.5% |
Summary: Homes in Stafford Township had an average of 44 days on market in Mar 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Stafford Township; 52% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.