$10,000 Closing Credit*
$1,293,500
4,435 SqFt
4 Beds
•3 Full Baths
Marie L. Holloway
Is Stafford 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, Stafford Township has remained a Seller's Market.
Key Takeaway
Stafford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stafford Township, NJ
How much do homes in Stafford Township, NJ cost?
Median Sold Price
$516,500
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,071(+1.0%)
Key Takeaway
Homes in Stafford Township have sold for 1% more than they did a year ago.
Summary: The median home sold price in Stafford Township was $516,500 in October 2024, up 1% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $154.5K | +3.0% |
| 2 Bedrooms | $292.4K | $350K | +19.7% |
| 3 Bedrooms | $467K | $479K | +2.6% |
| 4 Bedrooms | $635K | $642.4K | +1.2% |
| 5+ Bedrooms | $700K | $995K | +42.1% |
Summary: Stafford Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 42.1%.
Median Sold Price Compared To Nearby Cities
| West Creek | $450K | $529.5K | +17.7% |
| Long Beach Township | $1.7M | $1.9M | +11.4% |
| Barnegat Township | $430K | $449.9K | +4.6% |
| Manahawkin | $510K | $516K | +1.2% |
| Stafford Township | $511.4K | $516.5K | +1.0% |
Housing Supply in Stafford Township, NJ
How many homes are available in Stafford Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 221 | 221 | 0.0% |
Summary: The Stafford Township real estate market had 221 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 23 | 29 | +26.1% |
| 3 Bedrooms | 80 | 85 | +6.3% |
| 4 Bedrooms | 81 | 74 | -8.6% |
| 5+ Bedrooms | 37 | 31 | -16.2% |
Summary: The Stafford Township 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 increased by 26.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 16.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 52 | +33.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stafford Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Stafford Township in October 2024, up by 33.3% month-over-month. Of the 51 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.
Days on Market for Stafford Township, NJ
How long does it take to sell a home in Stafford Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 35 Days | -17.5% |
Summary: Homes in Stafford Township had an average of 35 days on market in Oct 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stafford Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in Stafford Township; 54% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.