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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddonfield is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Haddonfield, NJ

How much do homes in Haddonfield, NJ cost?

Median Sold Price

$749,500

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,500(+7.8%)

Key Takeaway

Homes in Haddonfield have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Haddonfield was $749,500 in November 2024, up 7.8% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $265K$364.5K
+37.5%
2 $335K$390K
+16.4%
3 $571K$595K
+4.2%
4 $800K$890K
+11.3%
5+ $1.2M$1.1M
-6.8%

Summary: Haddonfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 6.8%.

Median Sold Price Compared To Nearby Cities

Barrington
+9.0%
Cherry Hill
+8.4%
Cherry Hill Township
+8.4%
Haddonfield
+7.8%

Housing Supply in Haddonfield, NJ

How many homes are available in Haddonfield, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4246+9.5%

Summary: The Haddonfield real estate market had 46 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1720
+17.6%
4 1515
0.0%
5+ 78
+14.3%

Summary: The Haddonfield 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 remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddonfield, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Haddonfield in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 14% were sold under asking, 21% were sold at asking, and 64% were sold over asking.

Days on Market for Haddonfield, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days25 Days-10.2%

Summary: Homes in Haddonfield had an average of 25 days on market in Nov 2024, down by 10.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Haddonfield; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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

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