$5,926 Closing Credit*
$499,000
2,760 SqFt
4 Beds
•2 Full Baths, 1 Partial
Andre Lapierre, Listing Office: Keller Williams Realty - Medford
Is Tabernacle Township, 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, Tabernacle Township was a Seller's Market.
Key Takeaway
Tabernacle Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tabernacle Township, NJ
How much do homes in Tabernacle Township, NJ cost?
Median Sold Price
$505,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+9.8%)
Key Takeaway
Homes in Tabernacle Township have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Tabernacle Township was $505,000 in November 2024, up 9.8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $197.5K | $165K | -16.5% |
| 3 Bedrooms | $410K | $447.5K | +9.1% |
| 4 Bedrooms | $532K | $550K | +3.4% |
| 5+ Bedrooms | $539.9K | $737.5K | +36.6% |
Summary: Tabernacle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 36.6%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $335K | $405K | +20.9% |
| Southampton Township | $290K | $329K | +13.4% |
| Tabernacle Township | $460K | $505K | +9.8% |
Housing Supply in Tabernacle Township, NJ
How many homes are available in Tabernacle Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Tabernacle Township real estate market had 30 homes for sale in November 2024, a 3.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Tabernacle 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 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tabernacle Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Tabernacle Township in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Tabernacle Township, NJ
How long does it take to sell a home in Tabernacle Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 28 Days | +139.5% |
Summary: Homes in Tabernacle Township had an average of 28 days on market in Nov 2024, up by 139.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tabernacle Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Tabernacle Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
