Is Sayreville, 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, Sayreville was a Seller's Market.
Housing Prices in Sayreville, NJ
How much do homes in Sayreville, NJ cost?
Median Sold Price
$450,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sayreville was $450,000 in April 2024, up 8.3% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $260.5K | +10.9% |
2 Bedrooms | $335K | $356.2K | +6.3% |
3 Bedrooms | $410K | $450K | +9.8% |
4 Bedrooms | $532K | $565K | +6.2% |
5+ Bedrooms | $605K | $695K | +14.9% |
Summary: Sayreville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
Sayreville | $415.6K | $450K | +8.3% |
South Amboy | $420K | $455K | +8.3% |
Parlin | $420K | $435K | +3.6% |
South River | $425K | $422.5K | -0.6% |
Housing Supply in Sayreville, NJ
How many homes are available in Sayreville, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 122 | +32.6% |
Summary: The Sayreville real estate market had 122 homes for sale in April 2024, a 32.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 31 | 38 | +22.6% |
4 Bedrooms | 20 | 34 | +70.0% |
5+ Bedrooms | 16 | 21 | +31.3% |
Summary: The Sayreville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Sayreville in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Sayreville, NJ
How long does it take to sell a home in Sayreville, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 28 Days | -22.9% |
Summary: Homes in Sayreville had an average of 28 days on market in Apr 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Sayreville; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.