Is Holmdel, 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, Holmdel was a Buyer's Market.
Housing Prices in Holmdel, NJ
How much do homes in Holmdel, NJ cost?
Median Sold Price
$925,000
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Holmdel was $925,000 in April 2024, up 8.5% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $96.9K | -64.1% |
2 Bedrooms | $565K | $517.5K | -8.4% |
3 Bedrooms | $615K | $690K | +12.2% |
4 Bedrooms | $862K | $1.0M | +16.9% |
5+ Bedrooms | $1.2M | $1.3M | +3.5% |
Summary: Holmdel housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Hazlet | $475K | $517.5K | +8.9% |
Holmdel Township | $849.9K | $925K | +8.8% |
Holmdel | $852.4K | $925K | +8.5% |
Middletown | $568.5K | $600K | +5.5% |
Lincroft | $810K | $825K | +1.9% |
Housing Supply in Holmdel, NJ
How many homes are available in Holmdel, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 76 | +35.7% |
Summary: The Holmdel real estate market had 76 homes for sale in April 2024, a 35.7% increase 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 | 7 | +75.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The Holmdel 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 75%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 22 | +214.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Holmdel in April 2024, up by 214.3% month-over-month. Of the 22 sold homes, 41% were sold under asking, 5% were sold at asking, and 55% were sold over asking.
Days on Market for Holmdel, NJ
How long does it take to sell a home in Holmdel, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 31 Days | +115.4% |
Summary: Homes in Holmdel had an average of 31 days on market in Apr 2024, up by 115.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Holmdel; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.