$4,749 Closing Credit*
$399,900
1,360 SqFt
4 Beds
•1 Full Bath, 1 Partial
Bill Souders, Listing Office: BHHS Fox & Roach - Haddonfield
Is Stratford, 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, Stratford has remained a Seller's Market.
Key Takeaway
Stratford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stratford, NJ
How much do homes in Stratford, NJ cost?
Median Sold Price
$320,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+15.1%)
Key Takeaway
Homes in Stratford have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Stratford was $320,000 in October 2024, up 15.1% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $140K | +19.7% |
| 2 Bedrooms | $160K | $234K | +46.3% |
| 3 Bedrooms | $278.5K | $300K | +7.7% |
| 4 Bedrooms | $307.5K | $345K | +12.2% |
| 5+ Bedrooms | - | $380K | N/A |
Summary: Stratford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.7%, 2 bedroom homes increased by 46.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Somerdale | $268K | $320.5K | +19.6% |
| Stratford | $278K | $320K | +15.1% |
| Lindenwold | $236K | $230K | -2.5% |
Housing Supply in Stratford, NJ
How many homes are available in Stratford, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Stratford real estate market had 13 homes for sale in October 2024, a 23.5% decrease 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 | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stratford 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 decreased by 10%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stratford, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Stratford in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 13 Days | -15.6% |
Summary: Homes in Stratford had an average of 13 days on market in Oct 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
6 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 October 2024, 6 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.
