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 October 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

$738,250

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,750(+11.4%)

Key Takeaway

Homes in Haddonfield have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Haddonfield was $738,250 in October 2024, up 11.4% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$285K
+11.8%
2 $329.5K$390K
+18.4%
3 $561.5K$546K
-2.8%
4 $815K$876K
+7.5%
5+ $1.2M$1.2M
-2.0%

Summary: Haddonfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 18.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

Haddonfield
+11.4%
Cherry Hill
+11.0%
Barrington
+10.6%
Cherry Hill Township
+10.3%

Housing Supply in Haddonfield, NJ

How many homes are available in Haddonfield, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3738+2.7%

Summary: The Haddonfield real estate market had 38 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 62
-66.7%
3 1315
+15.4%
4 1215
+25.0%
5+ 55
0.0%

Summary: The Haddonfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Haddonfield in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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

Oct 2023Oct 2024CHANGE
25 Days20 Days-19.7%

Summary: Homes in Haddonfield had an average of 20 days on market in Oct 2024, down by 19.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 October 2024, 7 homes were sold in Haddonfield; 86% of homes were sold within 30 days, 14% 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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