$3,859 Closing Credit*
$325,000
1,780 SqFt
3 Beds
•1 Full Bath, 1 Partial
Timothy Kerr Jr., Listing Office: Keller Williams Realty - Washington Township
Is Pine Hill, 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, 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
$256,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,500(+10.1%)
Key Takeaway
Homes in Pine Hill have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Pine Hill was $256,500 in October 2024, up 10.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $130K | -1.9% |
| 2 Bedrooms | $168K | $177.5K | +5.7% |
| 3 Bedrooms | $237.5K | $255.1K | +7.4% |
| 4 Bedrooms | $275K | $315K | +14.5% |
| 5+ Bedrooms | $355K | $335K | -5.6% |
Summary: Pine Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Clementon | $230K | $270K | +17.4% |
| Berlin | $330.2K | $367.5K | +11.3% |
| Pine Hill | $233K | $256.5K | +10.1% |
| Lindenwold | $236K | $230K | -2.5% |
Housing Supply in Pine Hill, NJ
How many homes are available in Pine Hill, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 41 | -6.8% |
Summary: The Pine Hill real estate market had 41 homes for sale in October 2024, a 6.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 31 | 27 | -12.9% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pine Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Hill, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Pine Hill in October 2024, down by 43.8% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 27 Days | +49.8% |
Summary: Homes in Pine Hill had an average of 27 days on market in Oct 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 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 October 2024, 9 homes were sold in Pine Hill; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
