$2,898 Closing Credit*
$244,000
1,297 SqFt
2 Beds
•1 Full Bath, 1 Partial
Jennean A Veale, Listing Office: BHHS Fox & Roach-Marlton
Is Evesham Township, 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, Evesham Township has remained a Seller's Market.
Key Takeaway
Evesham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Evesham Township, NJ
How much do homes in Evesham Township, NJ cost?
Median Sold Price
$423,571
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,688(+9.2%)
Key Takeaway
Homes in Evesham Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Evesham Township was $423,571 in October 2024, up 9.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $202.5K | +15.7% |
| 2 Bedrooms | $250K | $278K | +11.2% |
| 3 Bedrooms | $374.9K | $410K | +9.3% |
| 4 Bedrooms | $499.9K | $529K | +5.8% |
| 5+ Bedrooms | $649.5K | $630K | -3.0% |
Summary: Evesham Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Medford | $508K | $575K | +13.2% |
| Medford Township | $515K | $575.6K | +11.8% |
| Evesham Township | $387.8K | $423.5K | +9.2% |
| West Berlin | $320K | $348.2K | +8.8% |
| Voorhees | $403.6K | $425K | +5.3% |
Housing Supply in Evesham Township, NJ
How many homes are available in Evesham Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 146 | -2.0% |
Summary: The Evesham Township real estate market had 146 homes for sale in October 2024, a 2.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 31 | 27 | -12.9% |
| 3 Bedrooms | 62 | 65 | +4.8% |
| 4 Bedrooms | 47 | 47 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Evesham Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 51 | +21.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evesham Township, you could pay more than the asking price. 49% of homes here sold above asking price last month.
Summary: A total of 51 homes were sold or pending in Evesham Township in October 2024, up by 21.4% month-over-month. Of the 51 sold homes, 37% were sold under asking, 14% were sold at asking, and 49% were sold over asking.
Days on Market for Evesham Township, NJ
How long does it take to sell a home in Evesham Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +56.9% |
Summary: Homes in Evesham Township had an average of 21 days on market in Oct 2024, up by 56.9% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Evesham Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 51 homes were sold in Evesham Township; 75% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.