$435,000
Land
Frederick L. Thomas III, Listing Office: Quality Homes Real Estate
Housing Prices in 5th Ward, NJ
How much do homes in 5th Ward, NJ cost?
Median List Price
$450,000
-
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$74,000(+19.7%)
Key Takeaway
The list price of homes in 5th Ward has increased by 19.7% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $325K | N/A |
| 3 Bedrooms | $299.9K | $312.4K | +4.2% |
| 4 Bedrooms | $337.4K | $449.9K | +33.3% |
| 5+ Bedrooms | $422.5K | $525K | +24.3% |
Summary: 5th Ward housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 24.3%.
Housing Supply in 5th Ward, NJ
How many homes are available in 5th Ward, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The 5th Ward real estate market had 29 homes for sale in November 2024, a 7.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The 5th Ward housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Days on Market for 5th Ward, NJ
How long does it take to sell a home in 5th Ward, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 391 Days | 94 Days | -75.9% |
Summary: Homes in 5th Ward had an average listing age of 94 days in Nov 2024, down by 75.9% compared to the previous year.
