Is Keansburg, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Keansburg was a Neutral Market.
Housing Prices in Keansburg, NJ
How much do homes in Keansburg, NJ cost?
Median Sold Price
$330,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Keansburg was $330,000 in May 2024, up 13% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $229K | +34.7% |
2 Bedrooms | $270K | $235K | -13.0% |
3 Bedrooms | $300.5K | $372K | +23.8% |
4 Bedrooms | $340K | $387.5K | +14.0% |
5+ Bedrooms | $400K | $445K | +11.3% |
Summary: Keansburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.7%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
Keyport | $385K | $455.2K | +18.3% |
Keansburg | $292K | $330K | +13.0% |
Hazlet Township | $440K | $497K | +13.0% |
Union Beach | $430K | $463K | +7.7% |
Middletown | $566.7K | $600K | +5.9% |
Housing Supply in Keansburg, NJ
How many homes are available in Keansburg, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 51 | +8.5% |
Summary: The Keansburg real estate market had 51 homes for sale in May 2024, a 8.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 18 | 22 | +22.2% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Keansburg 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 decreased by 7.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Keansburg in May 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for Keansburg, NJ
How long does it take to sell a home in Keansburg, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 33 Days | -41.6% |
Summary: Homes in Keansburg had an average of 33 days on market in May 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Keansburg; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.