Is Brooklawn, 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, Brooklawn was a Seller's Market.
Housing Prices in Brooklawn, NJ
How much do homes in Brooklawn, NJ cost?
Median Sold Price
$205,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brooklawn was $205,000 in March 2024, up 17.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $141.9K | N/A |
2 Bedrooms | $150K | $183K | +22.0% |
3 Bedrooms | $210K | $225K | +7.1% |
4 Bedrooms | $266K | $264K | -0.8% |
5+ Bedrooms | - | - | N/A |
Summary: Brooklawn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mount Ephraim | $235K | $287K | +22.1% |
Westville | $200K | $243K | +21.5% |
Brooklawn | $175K | $205K | +17.1% |
Gloucester City | $181.7K | $200K | +10.0% |
Bellmawr | $255K | $275.9K | +8.2% |
Housing Supply in Brooklawn, NJ
How many homes are available in Brooklawn, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Brooklawn real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brooklawn housing inventory by bedroom type for March 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Brooklawn in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Brooklawn, NJ
How long does it take to sell a home in Brooklawn, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -31.8% |
Summary: Homes in Brooklawn had an average of 5 days on market in Mar 2024, down by 31.8% compared to last year.
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
Summary: During March 2024, 2 homes were sold in Brooklawn; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.