Is Bradley Park, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradley Park is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bradley Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bradley Park, NJ

How much do homes in Bradley Park, NJ cost?

Median Sold Price

$380,000

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,000(-5.5%)

Key Takeaway

Homes in Bradley Park have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Bradley Park was $380,000 in October 2024, down 5.5% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$68.5K
N/A
2 $365K$366K
0.3%
3 $399.9K$383.5K
-4.1%
4 $494K$409K
-17.2%
5+ $677.5K$464K
-31.5%

Summary: Bradley Park 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 0.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 31.5%.

Median Sold Price Compared To Nearby Neighborhoods

West Grove
+21.4%
Ocean Grove
+20.1%
Bradley Park
-5.5%

Housing Supply in Bradley Park, NJ

How many homes are available in Bradley Park, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Bradley Park real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 55
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Bradley Park 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Bradley Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bradley Park in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bradley Park, NJ

How long does it take to sell a home in Bradley Park, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days48 Days+50.0%

Summary: Homes in Bradley Park had an average of 48 days on market in Oct 2024, up by 50% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bradley Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Bradley Park; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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 Bradley Park, NJ

Nearby Markets to Bradley Park, NJ