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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Holly Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mount Holly Township, NJ

How much do homes in Mount Holly Township, NJ cost?

Median Sold Price

$423,375

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$58,375(+16.0%)

Key Takeaway

Homes in Mount Holly Township have sold for 16% more than they did a year ago.

Summary: The median home sold price in Mount Holly Township was $423,375 in October 2024, up 16% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$139.5K
N/A
2 $247.4K$305K
+23.3%
3 $372.5K$416.7K
+11.9%
4 $365K$460K
+26.0%
5+ $374.9K$431.5K
+15.1%

Summary: Mount Holly 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 23.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 15.1%.

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 Township, NJ

How many homes are available in Mount Holly Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9387-6.5%

Summary: The Mount Holly Township real estate market had 87 homes for sale in October 2024, a 6.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 5144
-13.7%
4 2322
-4.3%
5+ 55
0.0%

Summary: The Mount Holly 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 increased by 14.3%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3116-48.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Holly Township, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Mount Holly Township in October 2024, down by 48.4% month-over-month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% were sold over asking.

Days on Market for Mount Holly Township, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days31 Days+38.1%

Summary: Homes in Mount Holly Township had an average of 31 days on market in Oct 2024, up by 38.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in Mount Holly Township; 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 16 Days Ago

Newest Listings in Mount Holly Township, NJ

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