$7,896 Closing Credit*
$664,900
3,656 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: COLDWELL BANKER REALTY
Is Lopatcong Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lopatcong Township has remained a Seller's Market.
Key Takeaway
Lopatcong Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lopatcong Township, NJ
How much do homes in Lopatcong Township, NJ cost?
Median Sold Price
$380,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+15.2%)
Key Takeaway
Homes in Lopatcong Township have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Lopatcong Township was $380,000 in November 2024, up 15.2% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.1K | $197K | +2.5% |
| 2 Bedrooms | $264K | $330K | +25.0% |
| 3 Bedrooms | $356.7K | $364.7K | +2.2% |
| 4 Bedrooms | $500K | $548K | +9.6% |
| 5+ Bedrooms | - | $562.5K | N/A |
Summary: Lopatcong Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Phillipsburg | $275K | $320K | +16.4% |
| Lopatcong Township | $330K | $380K | +15.2% |
| Stewartsville | $450K | $370.9K | -17.6% |
Housing Supply in Lopatcong Township, NJ
How many homes are available in Lopatcong Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The Lopatcong Township real estate market had 32 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lopatcong Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lopatcong Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Lopatcong Township in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Lopatcong Township, NJ
We’re sorry, we don't have information for this market at the moment
