Is Seaside Heights, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaside Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Seaside Heights was a Seller's Market.

Key Takeaway

Seaside Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Seaside Heights, NJ

How much do homes in Seaside Heights, NJ cost?

Median Sold Price

$740,000

$488/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,050(+15.6%)

Key Takeaway

Homes in Seaside Heights have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in Seaside Heights was $740,000 in October 2024, up 15.6% from last year, and the median price per square foot was $488.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$341.9K
+42.5%
2 $360K$455K
+26.4%
3 $629K$729K
+15.9%
4 $775K$1.0M
+32.3%
5+ $904.9K$927.4K
+2.5%

Summary: Seaside Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

Seaside Heights
+15.6%
Toms River Township
+10.9%
Berkeley Township
+5.9%

Housing Supply in Seaside Heights, NJ

How many homes are available in Seaside Heights, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99111+12.1%

Summary: The Seaside Heights real estate market had 111 homes for sale in October 2024, a 12.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 2834
+21.4%
3 1620
+25.0%
4 2022
+10.0%
5+ 2928
-3.4%

Summary: The Seaside Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 3.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaside Heights, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Seaside Heights in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.

Days on Market for Seaside Heights, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days40 Days-4.2%

Summary: Homes in Seaside Heights had an average of 40 days on market in Oct 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Seaside Heights has remained consistent over time.

Summary: During October 2024, 12 homes were sold in Seaside Heights; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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