Is Clementon, 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, Clementon has remained a Seller's Market.
Key Takeaway
Clementon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clementon, NJ
How much do homes in Clementon, NJ cost?
Median Sold Price
$230,000
$173/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Clementon has remained the same since last year.
Summary: The median home sold price in Clementon was $230,000 in April 2024, the same as last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $88.7K | +18.3% |
| 2 Bedrooms | $152K | $175K | +15.1% |
| 3 Bedrooms | $245K | $260K | +6.1% |
| 4 Bedrooms | $295K | $345K | +16.9% |
| 5+ Bedrooms | $287.5K | $452.9K | +57.5% |
Summary: Clementon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 57.5%.
Median Sold Price Compared To Nearby Cities
| Pine Hill | $210K | $252.5K | +20.2% |
| Berlin | $319K | $360K | +12.9% |
| Lindenwold | $222.4K | $240K | +7.9% |
| Clementon | $230K | $230K | 0.0% |
Housing Supply in Clementon, NJ
How many homes are available in Clementon, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 69 | -5.5% |
Summary: The Clementon real estate market had 69 homes for sale in April 2024, a 5.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 25 | +8.7% |
| 3 Bedrooms | 38 | 28 | -26.3% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Clementon 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 increased by 8.7%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 20 | -23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clementon, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Clementon in April 2024, down by 23.1% month-over-month. Of the 20 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.
Days on Market for Clementon, NJ
How long does it take to sell a home in Clementon, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 18 Days | -36.4% |
Summary: Homes in Clementon had an average of 18 days on market in Apr 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clementon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Clementon; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
