Is Roxbury Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roxbury Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Roxbury Township has remained a Seller's Market.

Key Takeaway

Roxbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roxbury Township, NJ

How much do homes in Roxbury Township, NJ cost?

Median Sold Price

$530,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,500(+11.0%)

Key Takeaway

Homes in Roxbury Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Roxbury Township was $530,000 in November 2024, up 11% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305.7K$327.5K
+7.1%
2 $351.6K$370K
+5.2%
3 $429.7K$502.8K
+17.0%
4 $600K$650K
+8.3%
5+ $667K$700K
+4.9%

Summary: Roxbury Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Ledgewood
+13.8%
Landing
+11.9%
Roxbury Township
+11.0%
Mount Arlington
+1.7%

Housing Supply in Roxbury Township, NJ

How many homes are available in Roxbury Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6964-7.2%

Summary: The Roxbury Township real estate market had 64 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 65
-16.7%
3 2224
+9.1%
4 3531
-11.4%
5+ 54
-20.0%

Summary: The Roxbury Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roxbury Township, you could pay more than the asking price. 88.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Roxbury Township in November 2024, down by 15.0% month-over-month. Of the 17 sold homes, 6% were sold under asking, 6% were sold at asking, and 88% were sold over asking.

Days on Market for Roxbury Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Roxbury Township, NJ

Nearby Markets to Roxbury Township, NJ

What housing markets are near Roxbury Township, NJ?