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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bargaintown is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Bargaintown, NJ

How much do homes in Bargaintown, NJ cost?

Median Sold Price

$375,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$60,000(+19.0%)

Key Takeaway

Homes in Bargaintown have sold for 19% more than they did a year ago.

Summary: The median home sold price in Bargaintown was $375,000 in September 2024, up 19% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $115.2K$177K
+53.6%
2 $150K$186K
+24.0%
3 $304K$362.5K
+19.2%
4 $440K$499K
+13.4%
5+ $468.5K$575K
+22.7%

Summary: Bargaintown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.6%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Neighborhoods

Cardiff
+27.2%
Bargaintown
+19.0%

Housing Supply in Bargaintown, NJ

How many homes are available in Bargaintown, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7779+2.6%

Summary: The Bargaintown real estate market had 79 homes for sale in September 2024, a 2.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2017
-15.0%
3 2521
-16.0%
4 2431
+29.2%
5+ 810
+25.0%

Summary: The Bargaintown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bargaintown, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Bargaintown in September 2024, down by 16.7% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.

Days on Market for Bargaintown, NJ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
36 Days42 Days+18.1%

Summary: Homes in Bargaintown had an average of 42 days on market in Sep 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bargaintown has remained consistent over time.

Summary: During September 2024, 15 homes were sold in Bargaintown; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in Bargaintown, NJ

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