$4,394 Closing Credit*
$370,000
1,022 SqFt
1 Bed
•1 Full Bath
Listing Office: SIGNATURE REALTY NJ
Is Bedminster, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bedminster has remained a Seller's Market.
Key Takeaway
Bedminster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedminster, NJ
How much do homes in Bedminster, NJ cost?
Median Sold Price
$490,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+9.5%)
Key Takeaway
Homes in Bedminster have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Bedminster was $490,000 in October 2024, up 9.5% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $295.2K | +9.4% |
| 2 Bedrooms | $430K | $445K | +3.5% |
| 3 Bedrooms | $626.9K | $647.5K | +3.3% |
| 4 Bedrooms | $969.9K | $940K | -3.1% |
| 5+ Bedrooms | $999.4K | $1.6M | +67.6% |
Summary: Bedminster housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 67.6%.
Median Sold Price Compared To Nearby Cities
| Peapack and Gladstone | $875K | $1.1M | +27.4% |
| Gladstone | $812.5K | $1.0M | +23.1% |
| Bedminster Township | $450K | $495K | +10.0% |
| Far Hills | $1.2M | $1.3M | +9.9% |
| Bedminster | $447.5K | $490K | +9.5% |
Housing Supply in Bedminster, NJ
How many homes are available in Bedminster, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The Bedminster real estate market had 48 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Bedminster housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedminster, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Bedminster in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for Bedminster, NJ
We’re sorry, we don't have information for this market at the moment
