Is Sayreville, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sayreville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sayreville, NJ

How much do homes in Sayreville, NJ cost?

Median Sold Price

$476,500

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,100(+10.7%)

Key Takeaway

Homes in Sayreville have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Sayreville was $476,500 in November 2024, up 10.7% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$280.5K
+14.5%
2 $345K$390K
+13.0%
3 $425K$470K
+10.6%
4 $532K$615K
+15.6%
5+ $645K$750K
+16.3%

Summary: Sayreville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Cities

Parlin
+16.0%
South River
+15.0%
Sayreville
+10.7%
South Amboy
+6.4%

Housing Supply in Sayreville, NJ

How many homes are available in Sayreville, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
142140-1.4%

Summary: The Sayreville real estate market had 140 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2225
+13.6%
3 5250
-3.8%
4 5552
-5.5%
5+ 1211
-8.3%

Summary: The Sayreville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2831+10.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sayreville, you could pay more than the asking price. 61.3% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Sayreville in November 2024, up by 10.7% month-over-month. Of the 31 sold homes, 29% were sold under asking, 10% were sold at asking, and 61% were sold over asking.

Days on Market for Sayreville, NJ

How long does it take to sell a home in Sayreville, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days35 Days+35.7%

Summary: Homes in Sayreville had an average of 35 days on market in Nov 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sayreville has remained consistent over time.

Summary: During November 2024, 31 homes were sold in Sayreville; 42% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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 Sayreville, NJ

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