$3,859 Closing Credit*
$325,000
1,100 SqFt
2 Beds
•2 Full Baths
Brooke OMahony, Listing Office: RE/MAX First Realty
Is Lakehurst, 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, Lakehurst was a Seller's Market.
Key Takeaway
Lakehurst 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 Lakehurst, NJ
How much do homes in Lakehurst, NJ cost?
Median Sold Price
$332,500
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+14.7%)
Key Takeaway
Homes in Lakehurst have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Lakehurst was $332,500 in October 2024, up 14.7% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $227.4K | $330K | +45.1% |
| 3 Bedrooms | $290K | $335K | +15.5% |
| 4 Bedrooms | $325K | $330K | +1.5% |
| 5+ Bedrooms | $500K | - | N/A |
Summary: Lakehurst housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.1%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lakehurst | $290K | $332.5K | +14.7% |
| Manchester Township | $240.2K | $249.9K | +4.1% |
Housing Supply in Lakehurst, NJ
How many homes are available in Lakehurst, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Lakehurst real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakehurst 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lakehurst, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Lakehurst in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lakehurst, NJ
How long does it take to sell a home in Lakehurst, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 9 Days | -41.9% |
Summary: Homes in Lakehurst had an average of 9 days on market in Oct 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lakehurst are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Lakehurst; 100% of homes were sold within 30 days, 0% 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.