Is Jamesburg, 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, Jamesburg was a Seller's Market.
Housing Prices in Jamesburg, NJ
How much do homes in Jamesburg, NJ cost?
Median Sold Price
$415,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jamesburg was $415,000 in April 2024, up 13.7% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $225K | +15.4% |
2 Bedrooms | $345K | $383K | +11.0% |
3 Bedrooms | $365K | $415K | +13.7% |
4 Bedrooms | $465K | $442.5K | -4.8% |
5+ Bedrooms | $651K | $2.0M | +209.5% |
Summary: Jamesburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 209.5%.
Median Sold Price Compared To Nearby Cities
Jamesburg | $365K | $415K | +13.7% |
Monroe Township | $409.3K | $449.9K | +9.9% |
Housing Supply in Jamesburg, NJ
How many homes are available in Jamesburg, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Jamesburg real estate market had 30 homes for sale in April 2024, a 3.4% 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 | 9 | 6 | -33.3% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jamesburg 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Jamesburg in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jamesburg, NJ
How long does it take to sell a home in Jamesburg, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 28 Days | -13.6% |
Summary: Homes in Jamesburg had an average of 28 days on market in Apr 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Jamesburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.