Is Bethlehem Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethlehem Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bethlehem Township, NJ

How much do homes in Bethlehem Township, NJ cost?

Median Sold Price

$602,213

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$64,534(+12.0%)

Key Takeaway

Homes in Bethlehem Township have sold for 12% more than they did a year ago.

Summary: The median home sold price in Bethlehem Township was $602,213 in November 2024, up 12% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217.5K$295K
+35.6%
3 $402.5K$475K
+18.0%
4 $651.7K$700K
+7.4%
5+ -$603.5K
N/A

Summary: Bethlehem Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alexandria Township
+43.1%
Franklin Township
+24.6%
Asbury
+19.3%
Bethlehem Township
+12.0%
Bloomsbury
+2.9%

Housing Supply in Bethlehem Township, NJ

How many homes are available in Bethlehem Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Bethlehem Township real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 43
-25.0%
4 108
-20.0%
5+ 22
0.0%

Summary: The Bethlehem 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethlehem Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Bethlehem Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Bethlehem Township, NJ

We’re sorry, we don't have information for this market at the moment

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 Bethlehem Township, NJ

Nearby Markets to Bethlehem Township, NJ

What housing markets are near Bethlehem Township, NJ?