$4,630 Closing Credit*
$389,900
1,914 SqFt
3 Beds
•2 Full Baths, 1 Partial
Daun M. Moir
Is Maurice River 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, Maurice River Township has remained a Seller's Market.
Key Takeaway
Maurice River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maurice River Township, NJ
How much do homes in Maurice River Township, NJ cost?
Median Sold Price
$214,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$950(-0.4%)
Key Takeaway
The sold price of homes in Maurice River Township has remained the same since last year.
Summary: The median home sold price in Maurice River Township was $214,000 in October 2024, down 0.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $181.2K | +6.6% |
| 3 Bedrooms | $214.9K | $221.4K | +3.0% |
| 4 Bedrooms | $392.5K | $250K | -36.3% |
| 5+ Bedrooms | $1.6M | $350K | -79.1% |
Summary: Maurice River Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 36.3%, and 5+ bedroom homes decreased by 79.1%.
Housing Supply in Maurice River Township, NJ
How many homes are available in Maurice River Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Maurice River Township real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Maurice River 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maurice River Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Maurice River Township in October 2024, up by 500.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Maurice River Township, NJ
How long does it take to sell a home in Maurice River Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 79 Days | +33.5% |
Summary: Homes in Maurice River Township had an average of 79 days on market in Oct 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Maurice River Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Maurice River Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
