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 November 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

$730,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$220,000(+43.1%)

Key Takeaway

Homes in Alexandria Township have sold for 43.1% more than they did a year ago.

Summary: The median home sold price in Alexandria Township was $730,000 in November 2024, up 43.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $427.5K-
N/A
2 $266K$215K
-19.2%
3 $399K$567K
+42.1%
4 $638.1K$750K
+17.5%
5+ $695.2K$1.1M
+64.4%

Summary: Alexandria Township 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 decreased by 19.2%, 3 bedroom homes increased by 42.1%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Cities

Alexandria Township
+43.1%
Milford
+26.7%
Holland Township
+24.7%
Bethlehem Township
+12.0%
Union Township
+5.9%

Housing Supply in Alexandria Township, NJ

How many homes are available in Alexandria Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2019-5.0%

Summary: The Alexandria Township real estate market had 19 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 45
+25.0%
4 1210
-16.7%
5+ 21
-50.0%

Summary: The Alexandria Township 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 increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexandria Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Alexandria Township in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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 17 Days Ago

Newest Listings in Alexandria Township, NJ

Nearby Markets to Alexandria Township, NJ

What housing markets are near Alexandria Township, NJ?