Is Haddon Heights, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddon Heights is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Haddon Heights was a Seller's Market.

Key Takeaway

Haddon Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Haddon Heights, NJ

How much do homes in Haddon Heights, NJ cost?

Median Sold Price

$465,000

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+7.9%)

Key Takeaway

Homes in Haddon Heights have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Haddon Heights was $465,000 in October 2024, up 7.9% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$237.5K
N/A
2 $255K$310K
+21.6%
3 $405K$417.5K
+3.1%
4 $481.4K$592.5K
+23.1%
5+ $875K$557.5K
-36.3%

Summary: Haddon Heights 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 increased by 21.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 36.3%.

Median Sold Price Compared To Nearby Cities

Audubon
+20.4%
Mount Ephraim
+11.1%
Barrington
+10.6%
Bellmawr
+10.5%
Haddon Heights
+7.9%

Housing Supply in Haddon Heights, NJ

How many homes are available in Haddon Heights, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1825+38.9%

Summary: The Haddon Heights real estate market had 25 homes for sale in October 2024, a 38.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 1115
+36.4%
4 46
+50.0%
5+ 12
+100.0%

Summary: The Haddon Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddon Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Haddon Heights in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Haddon Heights, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days9 Days-75.7%

Summary: Homes in Haddon Heights had an average of 9 days on market in Oct 2024, down by 75.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Haddon Heights; 100% of homes were sold within 30 days, 0% 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

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