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 November 2023

At the same time last year, Stillwater Township was a Neutral 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

$365,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,250(+16.3%)

Key Takeaway

Homes in Stillwater Township have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $80K$275K
+243.8%
2 $278.7K$272K
-2.4%
3 $335K$400K
+19.4%
4 $403.5K$520K
+28.9%
5+ $710K$712.5K
0.4%

Summary: Stillwater Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 243.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Stillwater Township
+16.3%
Fredon Township
+6.8%
Hampton Township
-7.9%

Housing Supply in Stillwater Township, NJ

How many homes are available in Stillwater Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The Stillwater Township real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1514
-6.7%
4 46
+50.0%
5+ 10
-100.0%

Summary: The Stillwater Township housing inventory by bedroom type for November 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 decreased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stillwater Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Stillwater Township in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% 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 20 Days Ago

Newest Listings in Stillwater Township, NJ

Nearby Markets to Stillwater Township, NJ

What housing markets are near Stillwater Township, NJ?