Is High Bridge, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Bridge is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, High Bridge was a Seller's Market.

Key Takeaway

High Bridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in High Bridge, NJ

How much do homes in High Bridge, NJ cost?

Median Sold Price

$375,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,450(+14.5%)

Key Takeaway

Homes in High Bridge have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in High Bridge was $375,000 in November 2024, up 14.5% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$200K
+29.0%
2 $233K$245K
+5.2%
3 $327.5K$380K
+16.0%
4 $520K$511.2K
-1.7%
5+ $530.4K$385K
-27.4%

Summary: High Bridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 27.4%.

Median Sold Price Compared To Nearby Cities

Lebanon Township
+20.4%
Annandale
+19.9%
High Bridge
+14.5%
Clinton Township
-4.7%

Housing Supply in High Bridge, NJ

How many homes are available in High Bridge, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The High Bridge real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 68
+33.3%
4 43
-25.0%
5+ 22
0.0%

Summary: The High Bridge 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 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Bridge, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in High Bridge in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for High Bridge, NJ

We’re sorry, we don't have information for this market at the moment

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 High Bridge, NJ

Nearby Markets to High Bridge, NJ

What housing markets are near High Bridge, NJ?