$7,006 Closing Credit*
$590,000
4 Beds
•3 Full Baths
Listing Office: PREMIER HOME PROS
Is Jamesburg, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jamesburg was a Seller's Market.
Key Takeaway
Jamesburg 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 Jamesburg, NJ
How much do homes in Jamesburg, NJ cost?
Median Sold Price
$445,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$68,000(+18.0%)
Key Takeaway
Homes in Jamesburg have sold for 18% more than they did a year ago.
Summary: The median home sold price in Jamesburg was $445,000 in October 2024, up 18% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $250K | +19.0% |
| 2 Bedrooms | $360K | $405.9K | +12.8% |
| 3 Bedrooms | $380K | $452.5K | +19.1% |
| 4 Bedrooms | $465K | $535K | +15.1% |
| 5+ Bedrooms | $530K | $2.0M | +280.2% |
Summary: Jamesburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 280.2%.
Median Sold Price Compared To Nearby Cities
| Jamesburg | $377K | $445K | +18.0% |
| Monroe Township | $421K | $490K | +16.4% |
Housing Supply in Jamesburg, NJ
How many homes are available in Jamesburg, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The Jamesburg real estate market had 33 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jamesburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jamesburg, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Jamesburg in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Jamesburg, NJ
How long does it take to sell a home in Jamesburg, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 46 Days | +169.0% |
Summary: Homes in Jamesburg had an average of 46 days on market in Oct 2024, up by 169% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jamesburg has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Jamesburg; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
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