$7,113 Closing Credit*
$599,000
3 Beds
•3 Full Baths
Jonathan Velasquez Ramirez, Listing Office: Keller Williams Park Views
Housing Prices in Fairmount, NJ
How much do homes in Fairmount, NJ cost?
Median List Price
$475,000
$171/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$203,000(+74.6%)
Key Takeaway
The list price of homes in Fairmount has increased by 74.6% since last year.
Summary: The median home list price in Fairmount was $475,000 in October 2024, up 74.6% from the previous year, and the median price per square foot was $171.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | - | N/A |
| 2 Bedrooms | $279K | $259.9K | -6.8% |
| 3 Bedrooms | $212.5K | $255K | +20.0% |
| 4 Bedrooms | $255K | $375K | +47.1% |
| 5+ Bedrooms | $344.5K | $599K | +73.9% |
Summary: Fairmount 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 decreased by 6.8%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes increased by 73.9%.
Median List Price Compared To Nearby Neighborhoods
| Fairmount | $272K | $475K | +74.6% |
| Lower Roseville | $300K | $444.4K | +48.1% |
| West Ward | $349.9K | $450K | +28.6% |
| Lower Vailsburg | $369K | $419.9K | +13.8% |
Housing Supply in Fairmount, NJ
How many homes are available in Fairmount, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 58 | +31.8% |
Summary: The Fairmount real estate market had 58 homes for sale in October 2024, a 31.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 33 | 46 | +39.4% |
Summary: The Fairmount 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 39.4%.
Days on Market for Fairmount, NJ
How long does it take to sell a home in Fairmount, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 208 Days | 119 Days | -42.4% |
Summary: Homes in Fairmount had an average listing age of 119 days in Oct 2024, down by 42.4% compared to the previous year.
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.