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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenvil is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Kenvil was a Seller's Market.

Key Takeaway

Kenvil 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 Kenvil, NJ

How much do homes in Kenvil, NJ cost?

Median Sold Price

$525,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$187,500(+55.6%)

Key Takeaway

Homes in Kenvil have sold for 55.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $135K-
N/A
2 --
N/A
3 --
N/A
4 $540K$525K
-2.8%
5+ --
N/A

Summary: Kenvil housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenvil
+55.6%
Mine Hill
+8.8%
Mine Hill Township
+8.8%

Housing Supply in Kenvil, NJ

How many homes are available in Kenvil, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Kenvil real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 55
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Kenvil housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenvil, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kenvil in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kenvil, 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 22 Days Ago

Newest Listings in Kenvil, NJ

Nearby Markets to Kenvil, NJ

What housing markets are near Kenvil, NJ?