$2,969 Closing Credit*
$250,000
1,442 SqFt
4 Beds
•2 Full Baths
Alice E Reiser, Listing Office: Keller Williams Realty - Washington Township
Is Maple Shade Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 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 October 2024, up 15.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $180K | +12.5% |
| 2 Bedrooms | $227K | $229.9K | +1.3% |
| 3 Bedrooms | $290K | $325K | +12.1% |
| 4 Bedrooms | $370K | $377.5K | +2.0% |
| 5+ Bedrooms | $286K | $365K | +27.6% |
Summary: Maple Shade Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
| Maple Shade Township | $260K | $300K | +15.4% |
| Maple Shade | $260K | $300K | +15.4% |
| Moorestown Township | $575K | $640K | +11.3% |
| Cherry Hill | $405.5K | $450K | +11.0% |
| Cherry Hill Township | $404.9K | $446.6K | +10.3% |
Housing Supply in Maple Shade Township, NJ
How many homes are available in Maple Shade Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 60 | +7.1% |
Summary: The Maple Shade Township real estate market had 60 homes for sale in October 2024, a 7.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Maple Shade Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
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 October 2024, up by 128.6% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 24 Days | +32.3% |
Summary: Homes in Maple Shade Township had an average of 24 days on market in Oct 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Shade Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Maple Shade Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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