Is Dayton, 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, Dayton was a Neutral Market.
Key Takeaway
Dayton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dayton, NJ
How much do homes in Dayton, NJ cost?
Median Sold Price
$550,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dayton have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Dayton was $550,000 in May 2024, up 9.9% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $189.9K | +26.6% |
| 2 Bedrooms | $440K | $362K | -17.7% |
| 3 Bedrooms | $490K | $542K | +10.6% |
| 4 Bedrooms | $661.9K | $803.8K | +21.4% |
| 5+ Bedrooms | $715K | $1.5M | +116.8% |
Summary: Dayton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 116.8%.
Median Sold Price Compared To Nearby Cities
| South Brunswick Township | $530K | $610K | +15.1% |
| Monmouth Junction | $465K | $530K | +14.0% |
| Monroe Township | $416.1K | $464.3K | +11.6% |
| Dayton | $500.5K | $550K | +9.9% |
Housing Supply in Dayton, NJ
How many homes are available in Dayton, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The Dayton real estate market had 20 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dayton 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dayton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Dayton in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Dayton, NJ
How long does it take to sell a home in Dayton, NJ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 93 Days | 13 Days | -85.2% |
Summary: Homes in Dayton had an average of 13 days on market in May 2024, down by 85.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dayton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Dayton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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