$299,000
25.37 Acres
Land
Listing Office: WEICHERT REALTORS
Is Frelinghuysen Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Frelinghuysen Township was a Buyer'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
$615,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$180,900(-22.7%)
Key Takeaway
Homes in Frelinghuysen Township have sold for 22.7% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $795.9K | $615K | -22.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Frelinghuysen Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.
Housing Supply in Frelinghuysen Township, NJ
How many homes are available in Frelinghuysen Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Frelinghuysen Township real estate market had 13 homes for sale in October 2024, a 8.3% 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 | 3 | 4 | +33.3% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Frelinghuysen Township 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 33.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Frelinghuysen Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
