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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Shade Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Maple Shade Township has remained a Seller's Market.

Key Takeaway

Maple Shade Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maple Shade Township, NJ

How much do homes in Maple Shade Township, NJ cost?

Median Sold Price

$300,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+15.4%)

Key Takeaway

Homes in Maple Shade Township have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Maple Shade Township was $300,000 in November 2024, up 15.4% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $164.5K$180K
+9.4%
2 $227K$232.4K
+2.4%
3 $291K$325K
+11.7%
4 $370K$405K
+9.5%
5+ $323K$362.7K
+12.3%

Summary: Maple Shade Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Cities

Maple Shade Township
+15.4%
Maple Shade
+15.4%
Moorestown Township
+12.9%
Cherry Hill Township
+8.4%
Cherry Hill
+8.4%

Housing Supply in Maple Shade Township, NJ

How many homes are available in Maple Shade Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6057-5.0%

Summary: The Maple Shade Township real estate market had 57 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 57
+40.0%
2 1914
-26.3%
3 2725
-7.4%
4 810
+25.0%
5+ 11
0.0%

Summary: The Maple Shade Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Shade Township, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Maple Shade Township in November 2024, up by 6.7% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% were sold over asking.

Days on Market for Maple Shade Township, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days30 Days+20.5%

Summary: Homes in Maple Shade Township had an average of 30 days on market in Nov 2024, up by 20.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maple Shade Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Maple Shade Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Maple Shade Township, NJ

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