$3,147 Closing Credit*
$265,000
1,414 SqFt
2 Beds
•1 Full Bath, 1 Partial
Wendy Sparks, Listing Office: EXP Realty, LLC
Is Alloway Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Alloway Township was a Seller's Market.
Key Takeaway
Alloway Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alloway Township, NJ
How much do homes in Alloway Township, NJ cost?
Median Sold Price
$360,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$80,000(+28.6%)
Key Takeaway
Homes in Alloway Township have sold for 28.6% more than they did a year ago.
Summary: The median home sold price in Alloway Township was $360,000 in November 2024, up 28.6% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | - | N/A |
| 2 Bedrooms | $125K | $252.5K | +102.0% |
| 3 Bedrooms | $275K | $306K | +11.3% |
| 4 Bedrooms | $295K | $484.4K | +64.2% |
| 5+ Bedrooms | $275K | $1.0M | +281.8% |
Summary: Alloway 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 increased by 102%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 64.2%, and 5+ bedroom homes increased by 281.8%.
Median Sold Price Compared To Nearby Cities
| Alloway Township | $280K | $360K | +28.6% |
| Upper Deerfield Township | $268.7K | $324K | +20.6% |
| Hopewell Township | $460K | $406.5K | -11.6% |
Housing Supply in Alloway Township, NJ
How many homes are available in Alloway Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Alloway Township real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alloway 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alloway Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Alloway Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alloway Township, NJ
How long does it take to sell a home in Alloway Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -17.9% |
Summary: Homes in Alloway Township had an average of 22 days on market in Nov 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alloway Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Alloway Township; 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.
