Is Mansfield 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, Mansfield Township was a Neutral Market.
Housing Prices in Mansfield Township, NJ
How much do homes in Mansfield Township, NJ cost?
Median Sold Price
$390,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mansfield Township was $390,000 in April 2024, up 14.7% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $41K | N/A |
2 Bedrooms | $222.5K | $292.5K | +31.5% |
3 Bedrooms | $335K | $370K | +10.4% |
4 Bedrooms | $469.9K | $545K | +16.0% |
5+ Bedrooms | $575K | $590K | +2.6% |
Summary: Mansfield 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 31.5%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Mansfield Township | $339.9K | $390K | +14.7% |
Independence Township | $325K | $353.2K | +8.7% |
Lebanon Township | $565K | $610K | +8.0% |
Oxford | $329.9K | $272K | -17.6% |
Housing Supply in Mansfield Township, NJ
How many homes are available in Mansfield Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Summary: The Mansfield Township real estate market had 28 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mansfield 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 decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mansfield Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Mansfield Township, NJ
We’re sorry, we don't have information for this market at the moment