Is Montague Township, 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, Montague Township was a Seller's Market.
Housing Prices in Montague Township, NJ
How much do homes in Montague Township, NJ cost?
Median Sold Price
$265,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Montague Township was $265,000 in April 2024, down 12.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96.8K | N/A |
2 Bedrooms | $140K | $194.6K | +39.1% |
3 Bedrooms | $321K | $350K | +9.0% |
4 Bedrooms | $367.5K | $420K | +14.3% |
5+ Bedrooms | $345K | $182K | -47.2% |
Summary: Montague 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 39.1%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 47.2%.
Median Sold Price Compared To Nearby Cities
Montague Township | $302K | $265K | -12.3% |
Montague | $303.5K | $250K | -17.6% |
Housing Supply in Montague Township, NJ
How many homes are available in Montague Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Summary: The Montague Township real estate market had 18 homes for sale in April 2024, a 12.5% increase 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 | 4 | 4 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Montague 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Montague Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Montague Township, NJ
We’re sorry, we don't have information for this market at the moment