Is Mount Holly, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Holly is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Holly has remained a Seller's Market.

Key Takeaway

Mount Holly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mount Holly, NJ

How much do homes in Mount Holly, NJ cost?

Median Sold Price

$410,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,200(+15.2%)

Key Takeaway

Homes in Mount Holly have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Mount Holly was $410,000 in October 2024, up 15.2% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $157.5K$162.5K
+3.2%
2 $267.9K$270K
+0.8%
3 $360K$405.5K
+12.6%
4 $390K$452.5K
+16.0%
5+ $374.9K$526.5K
+40.4%

Summary: Mount Holly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 40.4%.

Median Sold Price Compared To Nearby Cities

Eastampton Township
+24.2%
Westampton Township
+18.6%
Mount Holly Township
+16.0%
Mount Holly
+15.2%
Hainesport
+11.3%

Housing Supply in Mount Holly, NJ

How many homes are available in Mount Holly, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
131115-12.2%

Summary: The Mount Holly real estate market had 115 homes for sale in October 2024, a 12.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1717
0.0%
3 7565
-13.3%
4 3127
-12.9%
5+ 86
-25.0%

Summary: The Mount Holly 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 13.3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4029-27.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Holly, you may be able to get a good deal. 34.5% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Mount Holly in October 2024, down by 27.5% month-over-month. Of the 29 sold homes, 34% were sold under asking, 31% were sold at asking, and 34% were sold over asking.

Days on Market for Mount Holly, NJ

How long does it take to sell a home in Mount Holly, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days28 Days+34.8%

Summary: Homes in Mount Holly had an average of 28 days on market in Oct 2024, up by 34.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Holly are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 29 homes were sold in Mount Holly; 69% of homes were sold within 30 days, 31% 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 13 Days Ago

Newest Listings in Mount Holly, NJ

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