$4,393 Closing Credit*
$369,900
1,586 SqFt
3 Beds
•2 Full Baths
Hailey P Hoffman, Listing Office: EXP Realty
Is Barnegat Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Barnegat Township has remained a Seller's Market.
Key Takeaway
Barnegat Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barnegat Township, NJ
How much do homes in Barnegat Township, NJ cost?
Median Sold Price
$447,986
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,375(+2.8%)
Key Takeaway
Homes in Barnegat Township have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Barnegat Township was $447,986 in November 2024, up 2.8% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102K | $207.5K | +103.4% |
| 2 Bedrooms | $382.5K | $376K | -1.7% |
| 3 Bedrooms | $450.2K | $450K | -0.1% |
| 4 Bedrooms | $499.9K | $550K | +10.0% |
| 5+ Bedrooms | $648.5K | $625K | -3.6% |
Summary: Barnegat Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.4%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Ocean Township | $528.7K | $560K | +5.9% |
| Barnegat | $431.6K | $446K | +3.3% |
| Barnegat Township | $435.6K | $447.9K | +2.8% |
| Stafford Township | $512.5K | $525K | +2.4% |
| Waretown | $460K | $466.2K | +1.4% |
Housing Supply in Barnegat Township, NJ
How many homes are available in Barnegat Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 182 | 167 | -8.2% |
Summary: The Barnegat Township real estate market had 167 homes for sale in November 2024, a 8.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 64 | 63 | -1.6% |
| 3 Bedrooms | 59 | 53 | -10.2% |
| 4 Bedrooms | 45 | 39 | -13.3% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Barnegat 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 decreased by 1.6%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barnegat Township, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Barnegat Township in November 2024, up by 5.7% month-over-month. Of the 37 sold homes, 46% were sold under asking, 16% were sold at asking, and 38% were sold over asking.
Days on Market for Barnegat Township, NJ
How long does it take to sell a home in Barnegat Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 31 Days | -24.4% |
Summary: Homes in Barnegat Township had an average of 31 days on market in Nov 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barnegat Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in Barnegat Township; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.