$5,343 Closing Credit*
$449,900
2 Beds
•2 Full Baths
Listing Office: COLDWELL BANKER REALTY
Is Bedminster Township, 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 Township has remained a Seller's Market.
Key Takeaway
Bedminster Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedminster Township, NJ
How much do homes in Bedminster Township, NJ cost?
Median Sold Price
$495,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+10.0%)
Key Takeaway
Homes in Bedminster Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in Bedminster Township was $495,000 in October 2024, up 10% 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 | $670K | +6.9% |
| 4 Bedrooms | $940K | $940K | 0.0% |
| 5+ Bedrooms | $999.9K | $1.6M | +67.5% |
Summary: Bedminster Township 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 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 67.5%.
Median Sold Price Compared To Nearby Cities
| Gladstone | $812.5K | $1.0M | +23.1% |
| Tewksbury Township | $807.9K | $932.4K | +15.4% |
| Bedminster Township | $450K | $495K | +10.0% |
| Bedminster | $447.5K | $490K | +9.5% |
Housing Supply in Bedminster Township, NJ
How many homes are available in Bedminster Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Bedminster Township real estate market had 52 homes for sale in October 2024, a 2.0% increase compared to 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 | 8 | 8 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bedminster Township 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 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
3 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 Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Bedminster Township in October 2024, the same as the previous month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% were sold over asking.
Days on Market for Bedminster Township, NJ
We’re sorry, we don't have information for this market at the moment
