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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stillwater Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Stillwater Township, NJ

How much do homes in Stillwater Township, NJ cost?

Median Sold Price

$357,500

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+13.5%)

Key Takeaway

Homes in Stillwater Township have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $80K$275K
+243.8%
2 $272.5K$265K
-2.8%
3 $335K$389.9K
+16.4%
4 $388.5K$520K
+33.8%
5+ $710K$712.5K
0.4%

Summary: Stillwater Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 243.8%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Stillwater Township
+13.5%
Fredon Township
-1.0%
Hampton Township
-12.5%

Housing Supply in Stillwater Township, NJ

How many homes are available in Stillwater Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2730+11.1%

Summary: The Stillwater Township real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1316
+23.1%
4 54
-20.0%
5+ 22
0.0%

Summary: The Stillwater Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stillwater Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stillwater Township in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Stillwater 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 2 Days Ago

Newest Listings in Stillwater Township, NJ

Nearby Markets to Stillwater Township, NJ

What housing markets are near Stillwater Township, NJ?