$3,563 Closing Credit*
$300,000
1,158 SqFt
3 Beds
•1 Full Bath
Tracy Gallo, Listing Office: Exit Homestead Realty Professionals
Is Bridgeton, 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, Bridgeton has remained a Seller's Market.
Key Takeaway
Bridgeton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgeton, NJ
How much do homes in Bridgeton, NJ cost?
Median Sold Price
$249,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,666(+10.5%)
Key Takeaway
Homes in Bridgeton have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Bridgeton was $249,000 in October 2024, up 10.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.5K | $60K | +41.2% |
| 2 Bedrooms | $156.4K | $137.7K | -11.9% |
| 3 Bedrooms | $230K | $255.7K | +11.2% |
| 4 Bedrooms | $305.5K | $365K | +19.5% |
| 5+ Bedrooms | $200K | $350K | +75.0% |
Summary: Bridgeton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 75%.
Median Sold Price Compared To Nearby Cities
| Upper Deerfield Township | $270K | $315K | +16.7% |
| Bridgeton | $225.3K | $249K | +10.5% |
| Fairfield Township | $580K | $575K | -0.9% |
| Hopewell Township | $465K | $389.9K | -16.2% |
Housing Supply in Bridgeton, NJ
How many homes are available in Bridgeton, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 128 | 126 | -1.6% |
Summary: The Bridgeton real estate market had 126 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 24 | 16 | -33.3% |
| 3 Bedrooms | 70 | 74 | +5.7% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bridgeton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeton, you could pay more than the asking price. 72.4% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Bridgeton in October 2024, up by 7.4% month-over-month. Of the 29 sold homes, 14% were sold under asking, 14% were sold at asking, and 72% were sold over asking.
Days on Market for Bridgeton, NJ
How long does it take to sell a home in Bridgeton, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 Days | +17.1% |
Summary: Homes in Bridgeton had an average of 43 days on market in Oct 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgeton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in Bridgeton; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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 Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.