$2,791 Closing Credit*
$235,000
1,716 SqFt
3 Beds
•2 Full Baths, 1 Partial
Marques Brooks, Listing Office: Keller Williams Realty - Moorestown
Is Pine Hill, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pine Hill has remained a Seller's Market.
Key Takeaway
Pine Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Hill, NJ
How much do homes in Pine Hill, NJ cost?
Median Sold Price
$259,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+10.7%)
Key Takeaway
Homes in Pine Hill have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Pine Hill was $259,000 in November 2024, up 10.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $130K | -1.9% |
| 2 Bedrooms | $167.7K | $190K | +13.3% |
| 3 Bedrooms | $239K | $258.4K | +8.1% |
| 4 Bedrooms | $280K | $315K | +12.5% |
| 5+ Bedrooms | $352.5K | $347.5K | -1.4% |
Summary: Pine Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Clementon | $230K | $275K | +19.6% |
| Berlin | $330.2K | $370K | +12.0% |
| Pine Hill | $234K | $259K | +10.7% |
| Lindenwold | $236.5K | $237.6K | 0.5% |
Housing Supply in Pine Hill, NJ
How many homes are available in Pine Hill, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Pine Hill real estate market had 41 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pine Hill 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 increased by 66.7%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Hill, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Pine Hill in November 2024, up by 88.9% month-over-month. Of the 17 sold homes, 47% were sold under asking, 12% were sold at asking, and 41% were sold over asking.
Days on Market for Pine Hill, NJ
How long does it take to sell a home in Pine Hill, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 27 Days | +100.9% |
Summary: Homes in Pine Hill had an average of 27 days on market in Nov 2024, up by 100.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pine Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Pine Hill; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
