$4,156 Closing Credit*
$350,000
1,356 SqFt
2 Beds
•1 Full Bath, 1 Partial
Carol Ferriolo, Listing Office: Keller Williams Premier
Is Bordentown 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, Bordentown Township has remained a Seller's Market.
Key Takeaway
Bordentown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bordentown Township, NJ
How much do homes in Bordentown Township, NJ cost?
Median Sold Price
$405,250
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,250(+8.1%)
Key Takeaway
Homes in Bordentown Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Bordentown Township was $405,250 in October 2024, up 8.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $290K | $336K | +15.9% |
| 3 Bedrooms | $375.5K | $381.5K | +1.6% |
| 4 Bedrooms | $512.5K | $510K | -0.5% |
| 5+ Bedrooms | $577.5K | $725K | +25.5% |
Summary: Bordentown Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 25.5%.
Median Sold Price Compared To Nearby Cities
| Hamilton Township | $358.1K | $399.5K | +11.6% |
| Bordentown Township | $375K | $405.2K | +8.1% |
| Bordentown | $370K | $395.1K | +6.8% |
| Chesterfield Township | $660.2K | $694.7K | +5.2% |
Housing Supply in Bordentown Township, NJ
How many homes are available in Bordentown Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The Bordentown Township real estate market had 53 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Bordentown Township 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 decreased by 12.5%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bordentown Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Bordentown Township in October 2024, up by 63.6% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.
Days on Market for Bordentown Township, NJ
How long does it take to sell a home in Bordentown Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 27 Days | +85.2% |
Summary: Homes in Bordentown Township had an average of 27 days on market in Oct 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bordentown Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Bordentown Township; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.