Is Tewksbury Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tewksbury Township was a Neutral Market.
Housing Prices in Tewksbury Township, NJ
How much do homes in Tewksbury Township, NJ cost?
Median Sold Price
$837,500
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tewksbury Township was $837,500 in April 2024, up 5.9% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $345K | N/A |
2 Bedrooms | - | $649K | N/A |
3 Bedrooms | $617.5K | $675K | +9.3% |
4 Bedrooms | $850K | $892K | +4.9% |
5+ Bedrooms | $1.0M | $1.3M | +19.3% |
Summary: Tewksbury Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
Tewksbury Township | $791K | $837.5K | +5.9% |
Bedminster Township | $427.5K | $445K | +4.1% |
Califon | $645K | $665K | +3.1% |
Housing Supply in Tewksbury Township, NJ
How many homes are available in Tewksbury Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 40 | +25.0% |
Summary: The Tewksbury Township real estate market had 40 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 11 | 17 | +54.5% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Tewksbury 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 decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Tewksbury Township in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Tewksbury Township, NJ
We’re sorry, we don't have information for this market at the moment