Is Keansburg, 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, Keansburg has remained a Seller's Market.
Housing Prices in Keansburg, NJ
How much do homes in Keansburg, NJ cost?
Median Sold Price
$330,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Keansburg was $330,000 in April 2024, up 13% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $218K | +26.0% |
2 Bedrooms | $270K | $235K | -13.0% |
3 Bedrooms | $301K | $368K | +22.3% |
4 Bedrooms | $342.5K | $382.5K | +11.7% |
5+ Bedrooms | $400K | $431K | +7.8% |
Summary: Keansburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 22.3%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Keansburg | $292K | $330K | +13.0% |
Keyport | $395K | $440K | +11.4% |
Union Beach | $419K | $460K | +9.8% |
Hazlet Township | $450K | $487.5K | +8.3% |
Middletown | $568.5K | $600K | +5.5% |
Housing Supply in Keansburg, NJ
How many homes are available in Keansburg, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 53 | -10.2% |
Summary: The Keansburg real estate market had 53 homes for sale in April 2024, a 10.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 21 | 16 | -23.8% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Keansburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Keansburg in April 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for Keansburg, NJ
How long does it take to sell a home in Keansburg, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 44 Days | +46.6% |
Summary: Homes in Keansburg had an average of 44 days on market in Apr 2024, up by 46.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Keansburg; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.