$6,234 Closing Credit*
$525,000
3 Beds
•2 Full Baths
Listing Office: KELLER WILLIAMS INTEGRITY
Is Frelinghuysen Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Frelinghuysen Township has remained a Seller's Market.
Key Takeaway
Frelinghuysen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frelinghuysen Township, NJ
How much do homes in Frelinghuysen Township, NJ cost?
Median Sold Price
$625,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$175,000(+38.9%)
Key Takeaway
Homes in Frelinghuysen Township have sold for 38.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $280K | N/A |
| 3 Bedrooms | $422.2K | $515K | +22.0% |
| 4 Bedrooms | $590K | $668K | +13.2% |
| 5+ Bedrooms | - | $749K | N/A |
Summary: Frelinghuysen 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 did not change, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Frelinghuysen Township | $450K | $625K | +38.9% |
| Blairstown Township | $429.9K | $510K | +18.6% |
| Blairstown | $440K | $510K | +15.9% |
| Hardwick Township | $477.5K | $502.5K | +5.2% |
Housing Supply in Frelinghuysen Township, NJ
How many homes are available in Frelinghuysen Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Frelinghuysen Township real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Frelinghuysen 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Frelinghuysen Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Frelinghuysen Township in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Frelinghuysen Township, NJ
We’re sorry, we don't have information for this market at the moment
