Is Lacey Township, 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, Lacey Township has remained a Seller's Market.
Housing Prices in Lacey Township, NJ
How much do homes in Lacey Township, NJ cost?
Median Sold Price
$450,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lacey Township was $450,000 in April 2024, up 13.7% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $307.5K | $325K | +5.7% |
3 Bedrooms | $373K | $430K | +15.3% |
4 Bedrooms | $550K | $570K | +3.6% |
5+ Bedrooms | $572.5K | $699K | +22.1% |
Summary: Lacey Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 22.1%.
Median Sold Price Compared To Nearby Cities
Bayville | $425K | $496K | +16.7% |
Forked River | $380K | $440.2K | +15.8% |
Lacey Township | $395.8K | $450K | +13.7% |
Lanoka Harbor | $470K | $515K | +9.6% |
Berkeley Township | $315K | $335.4K | +6.5% |
Housing Supply in Lacey Township, NJ
How many homes are available in Lacey Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 152 | +10.9% |
Summary: The Lacey Township real estate market had 152 homes for sale in April 2024, a 10.9% 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 | 25 | 26 | +4.0% |
3 Bedrooms | 54 | 59 | +9.3% |
4 Bedrooms | 34 | 48 | +41.2% |
5+ Bedrooms | 24 | 19 | -20.8% |
Summary: The Lacey Township 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 4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes decreased by 20.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Lacey Township in April 2024, the same as the previous month. Of the 28 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for Lacey Township, NJ
How long does it take to sell a home in Lacey Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 30 Days | +3.7% |
Summary: Homes in Lacey Township had an average of 30 days on market in Apr 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Lacey Township; 82% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.