Is Clarksboro, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarksboro is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Clarksboro was a Neutral Market.

Key Takeaway

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

Housing Prices in Clarksboro, NJ

How much do homes in Clarksboro, NJ cost?

Median Sold Price

$425,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+10.4%)

Key Takeaway

Homes in Clarksboro have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Clarksboro was $425,000 in October 2024, up 10.4% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $388.4K$395K
+1.7%
3 $386K$404.5K
+4.8%
4 $320K$452.2K
+41.3%
5+ -$311K
N/A

Summary: Clarksboro 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 1.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 41.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Paulsboro
+13.4%
East Greenwich Township
+11.7%
Clarksboro
+10.4%
Mount Royal
+5.7%
Mickleton
-16.0%

Housing Supply in Clarksboro, NJ

How many homes are available in Clarksboro, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
610+66.7%

Summary: The Clarksboro real estate market had 10 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 48
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Clarksboro 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarksboro, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Clarksboro in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Clarksboro, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Day8 Days+750.0%

Summary: Homes in Clarksboro had an average of 8 days on market in Oct 2024, up by 750% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Clarksboro; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Clarksboro, NJ

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