Is Harmony 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, Harmony Township has remained a Seller's Market.
Key Takeaway
Harmony Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harmony Township, NJ
How much do homes in Harmony Township, NJ cost?
Median Sold Price
$347,450
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Harmony Township have sold for 6.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $307.5K | +18.3% |
| 3 Bedrooms | $372.5K | $347.4K | -6.7% |
| 4 Bedrooms | $284K | $499.9K | +76.0% |
| 5+ Bedrooms | $375K | $560K | +49.3% |
Summary: Harmony 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 18.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 76%, and 5+ bedroom homes increased by 49.3%.
Median Sold Price Compared To Nearby Cities
| Forks Township | $395.5K | $434.2K | +9.8% |
| White Township | $350K | $384.1K | +9.8% |
| Harmony Township | $327.5K | $347.4K | +6.1% |
| Stewartsville | $432K | $412.5K | -4.5% |
| Lower Mount Bethel Township | $310K | $280K | -9.7% |
Housing Supply in Harmony Township, NJ
How many homes are available in Harmony Township, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Harmony Township real estate market had 13 homes for sale in May 2024, a 30.0% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harmony 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Harmony Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Harmony Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
