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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Haddon Township, NJ

How much do homes in Haddon Township, NJ cost?

Median Sold Price

$425,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.2%)

Key Takeaway

Homes in Haddon Township have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Haddon Township was $425,000 in November 2024, up 1.2% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $265K$232.5K
-12.3%
3 $392.2K$422.5K
+7.7%
4 $493K$525K
+6.5%
5+ $559.5K$550K
-1.7%

Summary: Haddon 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 decreased by 12.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Cities

Audubon
+19.8%
Oaklyn
+17.4%
Collingswood
+15.9%
Haddon Township
+1.2%

Housing Supply in Haddon Township, NJ

How many homes are available in Haddon Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4036-10.0%

Summary: The Haddon Township real estate market had 36 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1921
+10.5%
4 129
-25.0%
5+ 43
-25.0%

Summary: The Haddon 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 decreased by 40%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddon Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Haddon Township in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.

Days on Market for Haddon Township, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days23 Days+3.3%

Summary: Homes in Haddon Township had an average of 23 days on market in Nov 2024, up by 3.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Haddon Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Haddon Township, NJ

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