Is Bloomsbury, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomsbury is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bloomsbury was a Buyer's Market.

Key Takeaway

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

Housing Prices in Bloomsbury, NJ

How much do homes in Bloomsbury, NJ cost?

Median Sold Price

$519,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$269,500(+107.8%)

Key Takeaway

Homes in Bloomsbury have sold for 107.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $250K$390K
+56.0%
3 --
N/A
4 -$649K
N/A
5+ --
N/A

Summary: Bloomsbury housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bloomsbury, NJ

How many homes are available in Bloomsbury, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The Bloomsbury real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 34
+33.3%
4 34
+33.3%
5+ 00
0.0%

Summary: The Bloomsbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomsbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bloomsbury in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Bloomsbury, 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 16 Days Ago

Newest Listings in Bloomsbury, NJ

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