Is Glendora, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendora is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Glendora has remained a Seller's Market.

Key Takeaway

Glendora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glendora, NJ

How much do homes in Glendora, NJ cost?

Median Sold Price

$305,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+3.0%)

Key Takeaway

Homes in Glendora have sold for 3% more than they did a year ago.

Summary: The median home sold price in Glendora was $305,000 in October 2024, up 3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72.5K$80K
+10.3%
2 -$255.5K
N/A
3 $284.9K$307.2K
+7.8%
4 $325K$345K
+6.2%
5+ $259K$295K
+13.9%

Summary: Glendora housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Cities

Gloucester Township
+8.3%
Deptford Township
+8.0%
Blackwood
+6.1%
Glendora
+3.0%
Runnemede
+1.8%

Housing Supply in Glendora, NJ

How many homes are available in Glendora, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2628+7.7%

Summary: The Glendora real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 43
-25.0%
3 1114
+27.3%
4 108
-20.0%
5+ 12
+100.0%

Summary: The Glendora housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendora, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Glendora in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Glendora, NJ

How long does it take to sell a home in Glendora, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days32 Days+114.1%

Summary: Homes in Glendora had an average of 32 days on market in Oct 2024, up by 114.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glendora are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Glendora; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Glendora, NJ

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