$7,066 Closing Credit*
$595,000
4 Beds
•2 Full Baths
Listing Office: REALTY ONE GROUP NEXT DOOR
Is Hackettstown, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hackettstown has remained a Seller's Market.
Key Takeaway
Hackettstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hackettstown, NJ
How much do homes in Hackettstown, NJ cost?
Median Sold Price
$458,333
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,583(+12.1%)
Key Takeaway
Homes in Hackettstown have sold for 12.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $250K | +16.3% |
| 2 Bedrooms | $299.5K | $345K | +15.2% |
| 3 Bedrooms | $415K | $480K | +15.7% |
| 4 Bedrooms | $520K | $560K | +7.7% |
| 5+ Bedrooms | $589.5K | $775K | +31.5% |
Summary: Hackettstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 31.5%.
Median Sold Price Compared To Nearby Cities
| Allamuchy Township | $386.2K | $487.2K | +26.1% |
| Independence Township | $327.6K | $385K | +17.5% |
| Hackettstown | $408.7K | $458.3K | +12.1% |
| Mount Olive Township | $510K | $560K | +9.8% |
| Budd Lake | $490K | $480K | -2.0% |
Housing Supply in Hackettstown, NJ
How many homes are available in Hackettstown, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 97 | +1.0% |
Summary: The Hackettstown real estate market had 97 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 23 | 19 | -17.4% |
| 3 Bedrooms | 28 | 31 | +10.7% |
| 4 Bedrooms | 40 | 42 | +5.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hackettstown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hackettstown, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Hackettstown in October 2024, down by 11.5% month-over-month. Of the 23 sold homes, 43% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Hackettstown, 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.