Is Haddon Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Haddon Township has remained a Seller's Market.
Housing Prices in Haddon Township, NJ
How much do homes in Haddon Township, NJ cost?
Median Sold Price
$427,900
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Haddon Township was $427,900 in May 2024, up 9% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $187.4K | $328.5K | +75.2% |
3 Bedrooms | $375K | $419.5K | +11.9% |
4 Bedrooms | $475K | $445K | -6.3% |
5+ Bedrooms | $555K | $599.5K | +8.0% |
Summary: Haddon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 75.2%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
Oaklyn | $250K | $300K | +20.0% |
Haddon Township | $392.5K | $427.9K | +9.0% |
Collingswood | $344.2K | $375K | +8.9% |
Audubon | $316K | $330K | +4.4% |
Housing Supply in Haddon Township, NJ
How many homes are available in Haddon Township, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 62 | +24.0% |
Summary: The Haddon Township real estate market had 62 homes for sale in May 2024, a 24.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 31 | 36 | +16.1% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Haddon Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Haddon Township in May 2024, up by 18.2% month-over-month. Of the 13 sold homes, 0% were sold under asking, 31% were sold at asking, and 69% were sold over asking.
Days on Market for Haddon Township, NJ
How long does it take to sell a home in Haddon Township, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 11 Days | -53.2% |
Summary: Homes in Haddon Township had an average of 11 days on market in May 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Haddon Township; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.