$3,551 Closing Credit*
$299,000
1,104 SqFt
3 Beds
•1 Full Bath
Rebecca A Mancuso, Listing Office: Keller Williams Realty - Washington Township
Is Buena, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Buena was a Neutral 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
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,450(+16.5%)
Key Takeaway
Homes in Buena have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Buena was $299,950 in November 2024, up 16.5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $225K | $243.9K | +8.4% |
| 3 Bedrooms | $260K | $299.9K | +15.3% |
| 4 Bedrooms | $442K | $325K | -26.5% |
| 5+ Bedrooms | $457.5K | $272.5K | -40.4% |
Summary: Buena 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 8.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes decreased by 40.4%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $300K | $349.9K | +16.7% |
| Buena | $257.5K | $299.9K | +16.5% |
| 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Buena real estate market had 26 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Buena housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buena, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Buena in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 102 Days | 38 Days | -62.1% |
Summary: Homes in Buena had an average of 38 days on market in Nov 2024, down by 62.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Buena has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Buena; 40% of homes were sold within 30 days, 60% 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.