$4,750 Closing Credit*
$399,999
852 SqFt
2 Beds
•1 Full Bath
Robert Kasilowski, Listing Office: Keller Williams - Main Street
Is Middle Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Middle Township was a Neutral Market.
Key Takeaway
Middle Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middle Township, NJ
How much do homes in Middle Township, NJ cost?
Median Sold Price
$458,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,055(+16.0%)
Key Takeaway
Homes in Middle Township have sold for 16% more than they did a year ago.
Summary: The median home sold price in Middle Township was $458,000 in November 2024, up 16% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | $161K | -24.1% |
| 2 Bedrooms | $295K | $407.5K | +38.1% |
| 3 Bedrooms | $455K | $424.9K | -6.6% |
| 4 Bedrooms | $436.3K | $550K | +26.0% |
| 5+ Bedrooms | $945K | $1.3M | +43.0% |
Summary: Middle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.1%, 2 bedroom homes increased by 38.1%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 43%.
Median Sold Price Compared To Nearby Cities
| North Wildwood | $340K | $485K | +42.6% |
| Middle Township | $394.9K | $458K | +16.0% |
| Cape May Court House | $434.5K | $458K | +5.4% |
Housing Supply in Middle Township, NJ
How many homes are available in Middle Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The Middle Township real estate market had 29 homes for sale in November 2024, a 12.1% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Middle 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Middle Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Middle Township, NJ
How long does it take to sell a home in Middle Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 100 Days | 36 Days | -64.0% |
Summary: Homes in Middle Township had an average of 36 days on market in Nov 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middle Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Middle Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.