$3,561 Closing Credit*
$299,900
738 SqFt
4 Beds
•4 Full Baths
Federico A. Maldonado, Listing Office: Grace Properties
Is Buena, 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, Buena has remained a Seller's Market.
Key Takeaway
Buena is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buena, NJ
How much do homes in Buena, NJ cost?
Median Sold Price
$299,950
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,450(+18.8%)
Key Takeaway
Homes in Buena have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Buena was $299,950 in October 2024, up 18.8% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $226K | $201.9K | -10.7% |
| 3 Bedrooms | $250K | $285K | +14.0% |
| 4 Bedrooms | $285K | $325K | +14.0% |
| 5+ Bedrooms | $323.6K | $272.5K | -15.8% |
Summary: Buena 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 decreased by 10.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Buena | $252.5K | $299.9K | +18.8% |
| Minotola | $252.5K | $300K | +18.8% |
| Franklin Township | $295K | $349.9K | +18.6% |
| Buena Vista Township | $264K | $295K | +11.7% |
Housing Supply in Buena, NJ
How many homes are available in Buena, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 29 | -19.4% |
Summary: The Buena real estate market had 29 homes for sale in October 2024, a 19.4% decrease 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 21 | 15 | -28.6% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Buena 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 42.9%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buena, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Buena in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Buena, NJ
How long does it take to sell a home in Buena, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 22 Days | -40.0% |
Summary: Homes in Buena had an average of 22 days on market in Oct 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buena are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Buena; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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. 
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.