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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dayton, NJ

How much do homes in Dayton, NJ cost?

Median Sold Price

$579,900

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,900(+8.4%)

Key Takeaway

Homes in Dayton have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Dayton was $579,900 in October 2024, up 8.4% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$190K
N/A
2 $357K$475.8K
+33.3%
3 $502K$560.2K
+11.6%
4 $692.4K$852.4K
+23.1%
5+ $1.5M$991K
-36.1%

Summary: Dayton 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 33.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 36.1%.

Median Sold Price Compared To Nearby Cities

South Brunswick Township
+18.3%
Monroe Township
+16.4%
Monmouth Junction
+11.5%
Dayton
+8.4%

Housing Supply in Dayton, NJ

How many homes are available in Dayton, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2427+12.5%

Summary: The Dayton real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1415
+7.1%
4 56
+20.0%
5+ 34
+33.3%

Summary: The Dayton 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dayton, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Dayton in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.

Days on Market for Dayton, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
91 Days33 Days-63.1%

Summary: Homes in Dayton had an average of 33 days on market in Oct 2024, down by 63.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Dayton; 56% of homes were sold within 30 days, 44% 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 20 Days Ago

Newest Listings in Dayton, NJ

Nearby Markets to Dayton, NJ

What housing markets are near Dayton, NJ?