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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexandria Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Alexandria Township has remained a Seller's Market.

Key Takeaway

Alexandria Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alexandria Township, NJ

How much do homes in Alexandria Township, NJ cost?

Median Sold Price

$700,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$140,500(+25.1%)

Key Takeaway

Homes in Alexandria Township have sold for 25.1% more than they did a year ago.

Summary: The median home sold price in Alexandria Township was $700,500 in October 2024, up 25.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $427.5K-
N/A
2 $266K$215K
-19.2%
3 $402K$503.4K
+25.2%
4 $655K$750K
+14.5%
5+ $695.2K$1.1M
+64.4%

Summary: Alexandria Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Cities

Milford
+35.3%
Holland Township
+28.4%
Alexandria Township
+25.1%
Union Township
+5.9%
Bethlehem Township
+0.8%

Housing Supply in Alexandria Township, NJ

How many homes are available in Alexandria Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The Alexandria Township real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 34
+33.3%
4 1313
0.0%
5+ 22
0.0%

Summary: The Alexandria Township housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexandria Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Alexandria Township in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Alexandria 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 16 Days Ago

Newest Listings in Alexandria Township, NJ

Nearby Markets to Alexandria Township, NJ

What housing markets are near Alexandria Township, NJ?