Is Dayton, 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, Dayton was a Seller's Market.
Key Takeaway
Dayton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dayton, NJ
How much do homes in Dayton, NJ cost?
Median Sold Price
$550,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dayton have sold for 10% more than they did a year ago.
Summary: The median home sold price in Dayton was $550,000 in April 2024, up 10% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $189.9K | +20.2% |
| 2 Bedrooms | $440K | $362K | -17.7% |
| 3 Bedrooms | $489K | $535.5K | +9.5% |
| 4 Bedrooms | $661.9K | $731K | +10.4% |
| 5+ Bedrooms | $715K | $1.5M | +116.8% |
Summary: Dayton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 116.8%.
Median Sold Price Compared To Nearby Cities
| Dayton | $500K | $550K | +10.0% |
| Monroe Township | $409.3K | $449.9K | +9.9% |
| South Brunswick Township | $530K | $579.1K | +9.3% |
| Monmouth Junction | $471K | $500.1K | +6.2% |
Housing Supply in Dayton, NJ
How many homes are available in Dayton, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Dayton real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dayton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dayton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Dayton in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Dayton, NJ
How long does it take to sell a home in Dayton, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 56 Days | +49.3% |
Summary: Homes in Dayton had an average of 56 days on market in Apr 2024, up by 49.3% 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
Key Takeaway
Avg time on Rocket Homes in Dayton has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Dayton; 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.
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