$3,859 Closing Credit*
$325,000
1 Bed
•1 Full Bath
Listing Office: WEINIGER 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 November 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
$500,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+11.1%)
Key Takeaway
Homes in Bedminster Township have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Bedminster Township was $500,000 in November 2024, up 11.1% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272.5K | $298K | +9.4% |
| 2 Bedrooms | $427.5K | $445K | +4.1% |
| 3 Bedrooms | $626.9K | $682.5K | +8.9% |
| 4 Bedrooms | $940K | $940K | 0.0% |
| 5+ Bedrooms | $1.0M | $1.6M | +53.7% |
Summary: Bedminster Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 53.7%.
Median Sold Price Compared To Nearby Cities
| Tewksbury Township | $800K | $987.5K | +23.4% |
| Bedminster Township | $450K | $500K | +11.1% |
| Bedminster | $450K | $490K | +8.9% |
| Gladstone | $875K | $849K | -3.0% |
Housing Supply in Bedminster Township, NJ
How many homes are available in Bedminster Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 44 | -13.7% |
Summary: The Bedminster Township real estate market had 44 homes for sale in November 2024, a 13.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 27 | 21 | -22.2% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bedminster Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedminster Township, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Bedminster Township in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
