$7,124 Closing Credit*
$599,900
1,632 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: LATTIMER REALTY
Is Fairfield Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fairfield Township was a Seller's Market.
Key Takeaway
Fairfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fairfield Township, NJ
How much do homes in Fairfield Township, NJ cost?
Median Sold Price
$615,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+9.8%)
Key Takeaway
Homes in Fairfield Township have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Fairfield Township was $615,000 in November 2024, up 9.8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $60K | N/A |
| 2 Bedrooms | $525K | $355K | -32.4% |
| 3 Bedrooms | $290K | $380K | +31.0% |
| 4 Bedrooms | $727.5K | $795K | +9.3% |
| 5+ Bedrooms | $1.0M | $970K | -7.6% |
Summary: Fairfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.4%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Cedarville | $177.5K | $251.5K | +41.7% |
| Bridgeton | $225K | $250K | +11.1% |
| Fairfield Township | $560K | $615K | +9.8% |
| Hopewell Township | $460K | $406.5K | -11.6% |
Housing Supply in Fairfield Township, NJ
How many homes are available in Fairfield Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The Fairfield Township real estate market had 39 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Fairfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 3 | -76.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Fairfield Township in November 2024, down by 76.9% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Fairfield Township, NJ
We’re sorry, we don't have information for this market at the moment
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. 
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.