Is Liberty Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Liberty Township was a Seller's Market.

Key Takeaway

Liberty Township 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 Liberty Township, NJ

How much do homes in Liberty Township, NJ cost?

Median Sold Price

$422,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$46,000(-9.8%)

Key Takeaway

Homes in Liberty Township have sold for 9.8% less than they did a year ago.

Summary: The median home sold price in Liberty Township was $422,000 in November 2024, down 9.8% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$195K
N/A
2 $339.5K$325K
-4.3%
3 $397.3K$430K
+8.2%
4 $505K$507.5K
0.5%
5+ -$618K
N/A

Summary: Liberty Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Independence Township
+16.6%
Oxford
+8.5%
Liberty Township
-9.8%

Housing Supply in Liberty Township, NJ

How many homes are available in Liberty Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Liberty Township real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 810
+25.0%
4 45
+25.0%
5+ 10
-100.0%

Summary: The Liberty Township 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 decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 Liberty Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Liberty Township in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Liberty Township, 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 2 Days Ago

Newest Listings in Liberty Township, NJ

Nearby Markets to Liberty Township, NJ

What housing markets are near Liberty Township, NJ?