Is Audubon, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Audubon is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Audubon, NJ

How much do homes in Audubon, NJ cost?

Median Sold Price

$375,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,000(+19.8%)

Key Takeaway

Homes in Audubon have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Audubon was $375,000 in November 2024, up 19.8% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$140K
N/A
2 $255K$249K
-2.4%
3 $310K$365K
+17.7%
4 $417.5K$395K
-5.4%
5+ $321K$445K
+38.6%

Summary: Audubon 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 2.4%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 38.6%.

Median Sold Price Compared To Nearby Cities

Audubon
+19.8%
Oaklyn
+17.4%
Haddon Heights
+9.9%
Haddon Township
+1.2%

Housing Supply in Audubon, NJ

How many homes are available in Audubon, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2328+21.7%

Summary: The Audubon real estate market had 28 homes for sale in November 2024, a 21.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 811
+37.5%
4 1112
+9.1%
5+ 11
0.0%

Summary: The Audubon 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 37.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Audubon, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Audubon in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 29% were sold at asking, and 71% were sold over asking.

Days on Market for Audubon, NJ

How long does it take to sell a home in Audubon, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days26 Days-8.9%

Summary: Homes in Audubon had an average of 26 days on market in Nov 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Audubon are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Audubon; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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