$4,097 Closing Credit*
$344,999
1,056 SqFt
3 Beds
•1 Full Bath
David Beach, Listing Office: RE/MAX Community-Williamstown
Is Chesilhurst, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Chesilhurst has remained a Seller's Market.
Key Takeaway
Chesilhurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesilhurst, NJ
How much do homes in Chesilhurst, NJ cost?
Median Sold Price
$300,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$27,000(+9.9%)
Key Takeaway
Homes in Chesilhurst have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Chesilhurst was $300,000 in December 2024, up 9.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $262K | - | N/A |
| 3 Bedrooms | $270K | $286K | +5.9% |
| 4 Bedrooms | $276K | $320K | +15.9% |
| 5+ Bedrooms | - | $452.5K | N/A |
Summary: Chesilhurst housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Atco | $304.5K | $340K | +11.7% |
| Winslow Township | $305K | $340K | +11.5% |
| Waterford Works | $300K | $332.5K | +10.8% |
| Chesilhurst | $273K | $300K | +9.9% |
| Waterford Township | $325K | $347.2K | +6.8% |
Housing Supply in Chesilhurst, NJ
How many homes are available in Chesilhurst, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Chesilhurst real estate market had 8 homes for sale in December 2024, a 27.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chesilhurst housing inventory by bedroom type for December 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 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesilhurst, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Chesilhurst in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Chesilhurst, NJ
How long does it take to sell a home in Chesilhurst, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 50 Days | 36 Days | -27.2% |
Summary: Homes in Chesilhurst had an average of 36 days on market in Dec 2024, down by 27.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chesilhurst are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Chesilhurst; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
