$7,422 Closing Credit*
$625,000
2,370 SqFt
4 Beds
•2 Full Baths, 1 Partial
Joe DeLorenzo, Listing Office: RE/MAX of Princeton
Is Robbinsville Township, 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, Robbinsville Township has remained a Seller's Market.
Key Takeaway
Robbinsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Robbinsville Township, NJ
How much do homes in Robbinsville Township, NJ cost?
Median Sold Price
$665,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$115,000(+20.9%)
Key Takeaway
Homes in Robbinsville Township have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Robbinsville Township was $665,000 in October 2024, up 20.9% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265.5K | $275K | +3.6% |
| 2 Bedrooms | $365K | $385K | +5.5% |
| 3 Bedrooms | $551K | $665K | +20.7% |
| 4 Bedrooms | $855K | $940K | +9.9% |
| 5+ Bedrooms | $1.0M | $900K | -17.1% |
Summary: Robbinsville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 17.1%.
Median Sold Price Compared To Nearby Cities
| Robbinsville Township | $550K | $665K | +20.9% |
| Allentown | $550K | $645K | +17.3% |
| Hamilton Township | $358.1K | $399.5K | +11.6% |
| East Windsor Township | $400K | $440K | +10.0% |
| Upper Freehold Township | $690K | $740K | +7.2% |
Housing Supply in Robbinsville Township, NJ
How many homes are available in Robbinsville Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 74 | +12.1% |
Summary: The Robbinsville Township real estate market had 74 homes for sale in October 2024, a 12.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 17 | 23 | +35.3% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Robbinsville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Robbinsville Township, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Robbinsville Township in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 5% were sold at asking, and 58% were sold over asking.
Days on Market for Robbinsville Township, NJ
How long does it take to sell a home in Robbinsville Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +119.4% |
Summary: Homes in Robbinsville Township had an average of 41 days on market in Oct 2024, up by 119.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Robbinsville Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Robbinsville Township; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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