Is Robbinsville 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, Robbinsville Township has remained a Buyer's Market.
Housing Prices in Robbinsville Township, NJ
How much do homes in Robbinsville Township, NJ cost?
Median Sold Price
$567,500
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Robbinsville Township was $567,500 in April 2024, up 24.7% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $267.7K | +1.0% |
2 Bedrooms | $310K | $375K | +21.0% |
3 Bedrooms | $560.5K | $610K | +8.8% |
4 Bedrooms | $755K | $877.5K | +16.2% |
5+ Bedrooms | $975K | $970K | -0.5% |
Summary: Robbinsville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Robbinsville Township | $454.9K | $567.5K | +24.7% |
Hamilton Township | $340K | $370K | +8.8% |
East Windsor Township | $401K | $420K | +4.7% |
Upper Freehold Township | $705K | $675K | -4.3% |
Allentown | $590K | $530K | -10.2% |
Housing Supply in Robbinsville Township, NJ
How many homes are available in Robbinsville Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 68 | +38.8% |
Summary: The Robbinsville Township real estate market had 68 homes for sale in April 2024, a 38.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 16 | 31 | +93.8% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Robbinsville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 93.8%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Robbinsville Township in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for Robbinsville Township, NJ
How long does it take to sell a home in Robbinsville Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 15 Days | -4.8% |
Summary: Homes in Robbinsville Township had an average of 15 days on market in Apr 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Robbinsville Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.