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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clementon is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Clementon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clementon, NJ

How much do homes in Clementon, NJ cost?

Median Sold Price

$275,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+19.6%)

Key Takeaway

Homes in Clementon have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in Clementon was $275,000 in November 2024, up 19.6% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $88.7K$165K
+85.9%
2 $170.5K$189K
+10.9%
3 $250K$282.5K
+13.0%
4 $347.5K$370K
+6.5%
5+ $452.9K$377.5K
-16.6%

Summary: Clementon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.9%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 16.6%.

Median Sold Price Compared To Nearby Cities

Clementon
+19.6%
Berlin
+12.0%
Pine Hill
+10.7%
Lindenwold
0.5%

Housing Supply in Clementon, NJ

How many homes are available in Clementon, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7269-4.2%

Summary: The Clementon real estate market had 69 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1714
-17.6%
3 3034
+13.3%
4 2119
-9.5%
5+ 21
-50.0%

Summary: The Clementon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1524+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clementon, you could pay more than the asking price. 79.2% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Clementon in November 2024, up by 60.0% month-over-month. Of the 24 sold homes, 8% were sold under asking, 13% were sold at asking, and 79% were sold over asking.

Days on Market for Clementon, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days30 Days+62.7%

Summary: Homes in Clementon had an average of 30 days on market in Nov 2024, up by 62.7% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Clementon; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

Newest Listings in Clementon, NJ

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