$4,144 Closing Credit*
$349,000
1,316 SqFt
4 Beds
•1 Full Bath
Listing Office: COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Is Northfield, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Northfield was a Buyer's Market.
Key Takeaway
Northfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northfield, NJ
How much do homes in Northfield, NJ cost?
Median Sold Price
$412,500
$241/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$52,500(+14.6%)
Key Takeaway
Homes in Northfield have sold for 14.6% more than they did a month ago.
Summary: The median home sold price in Northfield was $412,500 in October 2024, up 14.6% from last month, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | - | N/A |
| 3 Bedrooms | $360K | $385K | +6.9% |
| 4 Bedrooms | - | $495K | N/A |
| 5+ Bedrooms | $714.5K | - | N/A |
Summary: Northfield housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Northfield, NJ
How many homes are available in Northfield, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Northfield real estate market had 52 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Northfield 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 decreased by 25%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northfield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Northfield in October 2024, up by 85.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Northfield, NJ
How long does it take to sell a home in Northfield, NJ?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 39 Days | +32.3% |
Summary: Homes in Northfield had an average of 39 days on market in Oct 2024, up by 32.3% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Northfield; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.