$7,422 Closing Credit*
$625,000
2,960 SqFt
3 Beds
•2 Full Baths, 1 Partial
Patricia Caneda, Listing Office: Nest Seekers New Jersey LLC
Is Knowlton Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Knowlton Township has remained a Seller's Market.
Key Takeaway
Knowlton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Knowlton Township, NJ
How much do homes in Knowlton Township, NJ cost?
Median Sold Price
$437,500
-
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$6,000(-1.4%)
Key Takeaway
Homes in Knowlton Township have sold for 1.4% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $426.5K | $317.5K | -25.6% |
| 3 Bedrooms | $370K | $405K | +9.5% |
| 4 Bedrooms | $510K | $525K | +2.9% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Knowlton Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Columbia | $425K | $437.5K | +2.9% |
| Upper Mount Bethel Township | $349K | $352.5K | +1.0% |
| Knowlton Township | $443.5K | $437.5K | -1.4% |
| Mount Bethel | $364.5K | $305K | -16.3% |
Housing Supply in Knowlton Township, NJ
How many homes are available in Knowlton Township, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Knowlton Township real estate market had 14 homes for sale in August 2024, a 12.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Knowlton Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Knowlton Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Knowlton Township in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Knowlton Township, NJ
How long does it take to sell a home in Knowlton Township, NJ?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Knowlton Township has remained consistent over time.
Summary: During August 2024, 3 homes were sold in Knowlton Township; 0% of homes were sold within 30 days, 33% 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 Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.