Housing Prices in Lower Township, NJ

How much do homes in Lower Township, NJ cost?

Median List Price

$442,000

$370/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$2,100(+0.5%)

Key Takeaway

The list price of homes in Lower Township has remained the same since last year.

Summary: The median home list price in Lower Township was $442,000 in October 2024, up 0.5% from the previous year, and the median price per square foot was $370.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $418.7K$349.9K
-16.4%
2 $314.9K$335.2K
+6.4%
3 $424K$417K
-1.7%
4 $519.9K$610.9K
+17.5%
5+ $989K$1.2M
+21.3%

Summary: Lower Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 21.3%.

Median List Price Compared To Nearby Cities

Villas
+20.7%
Rio Grande
+14.9%
Lower Township
0.5%
Cape May
-0.9%

Housing Supply in Lower Township, NJ

How many homes are available in Lower Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3644+22.2%

Summary: The Lower Township real estate market had 44 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 1720
+17.6%
4 811
+37.5%
5+ 55
0.0%

Summary: The Lower Township 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 increased by 40%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Days on Market for Lower Township, NJ

How long does it take to sell a home in Lower Township, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
143 Days73 Days-49.0%

Summary: Homes in Lower Township had an average listing age of 73 days in Oct 2024, down by 49% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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Newest Listings in Lower Township, NJ

Nearby Markets to Lower Township, NJ

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MLS Disclaimers and Copyright

Based on information from BrightMLS, and South Jersey Shore Regional MLS for the period 11/01/2022 - 11/01/2024

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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