Is Allenhurst, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Allenhurst has remained a Buyer's Market.
Housing Prices in Allenhurst, NJ
How much do homes in Allenhurst, NJ cost?
Median Sold Price
$1,400,000
$641/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Allenhurst was $1,400,000 in April 2024, down 21.1% from last year, and the median price per square foot was $641.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $772.5K | N/A |
3 Bedrooms | $850K | $720K | -15.3% |
4 Bedrooms | $1.5M | $1.4M | -10.3% |
5+ Bedrooms | $3.2M | $2.6M | -16.4% |
Summary: Allenhurst 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 decreased by 15.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
Ocean Township | $703.3K | $692.6K | -1.5% |
Allenhurst | $1.7M | $1.4M | -21.1% |
Deal | $3.0M | $2.1M | -30.0% |
Housing Supply in Allenhurst, NJ
How many homes are available in Allenhurst, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The Allenhurst real estate market had 15 homes for sale in April 2024, a 6.3% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Allenhurst 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
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 Allenhurst in April 2024, down by 33.3% month-over-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 Allenhurst, NJ
How long does it take to sell a home in Allenhurst, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 158 Days | +143.8% |
Summary: Homes in Allenhurst had an average of 158 days on market in Apr 2024, up by 143.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Allenhurst; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.