$7,955 Closing Credit*
$669,900
1,640 SqFt
3 Beds
•2 Full Baths
Listing Office: KELLER WILLIAMS WEST MONMOUTH
Is East Brunswick Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Brunswick Township was a Seller's Market.
Key Takeaway
East Brunswick Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Brunswick Township, NJ
How much do homes in East Brunswick Township, NJ cost?
Median Sold Price
$582,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$53,250(+10.1%)
Key Takeaway
Homes in East Brunswick Township have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in East Brunswick Township was $582,000 in October 2024, up 10.1% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $250K | +16.3% |
| 2 Bedrooms | $335.5K | $365K | +8.8% |
| 3 Bedrooms | $475.5K | $580.5K | +22.1% |
| 4 Bedrooms | $650K | $713.5K | +9.8% |
| 5+ Bedrooms | $780K | $870K | +11.5% |
Summary: East Brunswick Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Spotswood | $425K | $510K | +20.0% |
| Milltown | $468K | $550K | +17.5% |
| South River | $400K | $460K | +15.0% |
| East Brunswick Township | $528.7K | $582K | +10.1% |
| East Brunswick | $526.1K | $575.7K | +9.4% |
Housing Supply in East Brunswick Township, NJ
How many homes are available in East Brunswick Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 201 | 180 | -10.4% |
Summary: The East Brunswick Township real estate market had 180 homes for sale in October 2024, a 10.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 10 | -28.6% |
| 2 Bedrooms | 46 | 34 | -26.1% |
| 3 Bedrooms | 50 | 46 | -8.0% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 35 | 32 | -8.6% |
Summary: The East Brunswick Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 8.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 28 | -56.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Brunswick Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in East Brunswick Township in October 2024, down by 56.3% month-over-month. Of the 28 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for East Brunswick Township, NJ
How long does it take to sell a home in East Brunswick Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 38 Days | -13.9% |
Summary: Homes in East Brunswick Township had an average of 38 days on market in Oct 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Brunswick Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in East Brunswick Township; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.