$9,249 Closing Credit*
$778,900
3,293 SqFt
4 Beds
•2 Full Baths
Patricia A Fiume, Listing Office: RE/MAX Of Cherry Hill
Is Pedricktown, 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, Pedricktown has remained a Buyer's Market.
Key Takeaway
Pedricktown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pedricktown, NJ
How much do homes in Pedricktown, NJ cost?
Median Sold Price
$532,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$145,000(+37.4%)
Key Takeaway
Homes in Pedricktown have sold for 37.4% more than they did a year ago.
Summary: The median home sold price in Pedricktown was $532,500 in October 2024, up 37.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $420K | +40.0% |
| 4 Bedrooms | $450K | $675K | +50.0% |
| 5+ Bedrooms | $779K | $545K | -30.0% |
Summary: Pedricktown 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 did not change, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 30%.
Median Sold Price Compared To Nearby Cities
| Pedricktown | $387.5K | $532.5K | +37.4% |
| Oldmans Township | $387.5K | $532.5K | +37.4% |
| Logan Township | $300K | $350K | +16.7% |
| Woolwich Township | $453K | $512.5K | +13.1% |
| Carneys Point Township | $215K | $225K | +4.7% |
Housing Supply in Pedricktown, NJ
How many homes are available in Pedricktown, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Pedricktown real estate market had 15 homes for sale in October 2024, a 16.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pedricktown 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 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pedricktown, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Pedricktown in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Pedricktown, NJ
How long does it take to sell a home in Pedricktown, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 81 Days | +1258.3% |
Summary: Homes in Pedricktown had an average of 81 days on market in Oct 2024, up by 1258.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pedricktown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Pedricktown; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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