Is Uptown Long Branch, 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, Uptown Long Branch was a Seller's Market.
Housing Prices in Uptown Long Branch, NJ
How much do homes in Uptown Long Branch, NJ cost?
Median Sold Price
$752,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Uptown Long Branch was $752,000 in April 2024, up 40.6% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | - | N/A |
2 Bedrooms | $440K | $780K | +77.3% |
3 Bedrooms | $510K | $582.5K | +14.2% |
4 Bedrooms | $625K | $900K | +44.0% |
5+ Bedrooms | $775K | $801.5K | +3.4% |
Summary: Uptown Long Branch 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 increased by 77.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 44%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
Uptown Long Branch | $535K | $752K | +40.6% |
Downtown / Arts District | $622.5K | $675K | +8.4% |
West End Long Branch | $799.9K | $610K | -23.7% |
Housing Supply in Uptown Long Branch, NJ
How many homes are available in Uptown Long Branch, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Uptown Long Branch real estate market had 23 homes for sale in April 2024, a 8.0% decrease 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 | 4 | 4 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Uptown Long Branch 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Uptown Long Branch in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Uptown Long Branch, NJ
How long does it take to sell a home in Uptown Long Branch, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 46 Days | +771.9% |
Summary: Homes in Uptown Long Branch had an average of 46 days on market in Apr 2024, up by 771.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Uptown Long Branch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.