Is Harmony Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harmony Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Harmony Township was a Seller's Market.

Key Takeaway

Harmony Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harmony Township, NJ

How much do homes in Harmony Township, NJ cost?

Median Sold Price

$273,500

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$254,000(-48.2%)

Key Takeaway

Homes in Harmony Township have sold for 48.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$273.5K
-7.3%
4 $760K-
N/A
5+ --
N/A

Summary: Harmony Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lower Mount Bethel Township
-18.4%
Harmony Township
-48.2%

Housing Supply in Harmony Township, NJ

How many homes are available in Harmony Township, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
811+37.5%

Summary: The Harmony Township real estate market had 11 homes for sale in April 2024, a 37.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 46
+50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Harmony 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harmony Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Harmony Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Harmony Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Harmony Township, NJ

Nearby Markets to Harmony Township, NJ

What housing markets are near Harmony Township, NJ?