$10,000 Closing Credit*
$859,000
2,016 SqFt
3 Beds
•1 Full Bath, 1 Partial
Robin H Ervin
Is Stockton, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Stockton was a Seller's Market.
Key Takeaway
Stockton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stockton, NJ
How much do homes in Stockton, NJ cost?
Median Sold Price
$678,700
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$132,700(+24.3%)
Key Takeaway
Homes in Stockton have sold for 24.3% more than they did a year ago.
Summary: The median home sold price in Stockton was $678,700 in October 2024, up 24.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | $1.6M | +189.7% |
| 2 Bedrooms | $324K | $402.5K | +24.2% |
| 3 Bedrooms | $485K | $708.7K | +46.1% |
| 4 Bedrooms | $650K | $650K | 0.0% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Stockton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.7%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 46.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Delaware Township | $575K | $725K | +26.1% |
| Stockton | $546K | $678.7K | +24.3% |
Housing Supply in Stockton, NJ
How many homes are available in Stockton, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 31 | +29.2% |
Summary: The Stockton real estate market had 31 homes for sale in October 2024, a 29.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Stockton 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 remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stockton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stockton in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Stockton, NJ
How long does it take to sell a home in Stockton, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 7 Days | -88.3% |
Summary: Homes in Stockton had an average of 7 days on market in Oct 2024, down by 88.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stockton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Stockton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
