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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomsbury is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bloomsbury was a Seller's Market.

Key Takeaway

Bloomsbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bloomsbury, NJ

How much do homes in Bloomsbury, NJ cost?

Median Sold Price

$468,000

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,000(+2.9%)

Key Takeaway

Homes in Bloomsbury have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Bloomsbury was $468,000 in November 2024, up 2.9% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $266K$304.5K
+14.5%
3 $450K$400K
-11.1%
4 $520K$649K
+24.8%
5+ --
N/A

Summary: Bloomsbury 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 14.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklin Township
+24.6%
Bethlehem Township
+12.0%
Bloomsbury
+2.9%

Housing Supply in Bloomsbury, NJ

How many homes are available in Bloomsbury, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The Bloomsbury real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 44
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Bloomsbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bloomsbury in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 17 Days Ago

Newest Listings in Bloomsbury, NJ

Nearby Markets to Bloomsbury, NJ

What housing markets are near Bloomsbury, NJ?