Is Mantua, 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, Mantua was a Seller's Market.
Housing Prices in Mantua, NJ
How much do homes in Mantua, NJ cost?
Median Sold Price
$251,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mantua was $251,000 in April 2024, up 12.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $144K | -14.0% |
2 Bedrooms | $199.9K | $224.9K | +12.5% |
3 Bedrooms | $260K | $285K | +9.6% |
4 Bedrooms | $410.5K | $453K | +10.4% |
5+ Bedrooms | $355K | $810K | +128.2% |
Summary: Mantua housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 128.2%.
Median Sold Price Compared To Nearby Cities
Mantua | $223.9K | $251K | +12.1% |
Mantua Township | $265K | $292.5K | +10.4% |
Mount Royal | $340K | $356.5K | +4.9% |
Clarksboro | $397.5K | $385K | -3.1% |
Housing Supply in Mantua, NJ
How many homes are available in Mantua, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 29 | -19.4% |
Summary: The Mantua real estate market had 29 homes for sale in April 2024, a 19.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 14 | 9 | -35.7% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mantua 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 remained the same, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mantua in April 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Mantua, NJ
How long does it take to sell a home in Mantua, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 66 Days | +207.3% |
Summary: Homes in Mantua had an average of 66 days on market in Apr 2024, up by 207.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Mantua; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.