$7,897 Closing Credit*
$665,000
1,113 SqFt
3 Beds
•1 Full Bath
Thomas Grace, Listing Office: VRI Homes
Is Englishtown, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Englishtown has remained a Seller's Market.
Key Takeaway
Englishtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Englishtown, NJ
How much do homes in Englishtown, NJ cost?
Median Sold Price
$458,500
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,000(+27.5%)
Key Takeaway
Homes in Englishtown have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Englishtown was $458,500 in October 2024, up 27.5% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $255K | +8.5% |
| 2 Bedrooms | $332.5K | $395K | +18.8% |
| 3 Bedrooms | $377.5K | $520K | +37.7% |
| 4 Bedrooms | $728K | $724.5K | -0.5% |
| 5+ Bedrooms | $760K | $640.5K | -15.7% |
Summary: Englishtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 37.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
| Englishtown | $359.5K | $458.5K | +27.5% |
| Manalapan Township | $653K | $675K | +3.4% |
Housing Supply in Englishtown, NJ
How many homes are available in Englishtown, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Englishtown real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Englishtown 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 increased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Englishtown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Englishtown in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Englishtown, NJ
How long does it take to sell a home in Englishtown, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 71 Days | +88.6% |
Summary: Homes in Englishtown had an average of 71 days on market in Oct 2024, up by 88.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Englishtown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Englishtown; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
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.