$3,551 Closing Credit*
$299,000
1,040 SqFt
3 Beds
•1 Full Bath
Chris Poleto, Listing Office: RE/MAX Preferred - Cherry Hill
Is Stratford, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Stratford was a Seller's Market.
Key Takeaway
Stratford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stratford, NJ
How much do homes in Stratford, NJ cost?
Median Sold Price
$322,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$72,500(+29.0%)
Key Takeaway
Homes in Stratford have sold for 29% more than they did a year ago.
Summary: The median home sold price in Stratford was $322,500 in November 2024, up 29% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | $140K | +19.1% |
| 2 Bedrooms | $160K | $234K | +46.3% |
| 3 Bedrooms | $272.5K | $307K | +12.7% |
| 4 Bedrooms | $300K | $347.5K | +15.8% |
| 5+ Bedrooms | - | $380K | N/A |
Summary: Stratford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 46.3%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stratford | $250K | $322.5K | +29.0% |
| Somerdale | $277.5K | $320K | +15.3% |
| Lindenwold | $236.5K | $237.6K | 0.5% |
Housing Supply in Stratford, NJ
How many homes are available in Stratford, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Stratford real estate market had 16 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Stratford 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
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 Stratford, 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 Stratford in November 2024, down by 66.7% 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 Stratford, NJ
How long does it take to sell a home in Stratford, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 21 Days | -22.5% |
Summary: Homes in Stratford had an average of 21 days on market in Nov 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stratford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Stratford; 100% 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.
