$7,599 Closing Credit*
$639,900
3,085 SqFt
5 Beds
•3 Full Baths, 1 Partial
Donald J Ferrell, Listing Office: Keller Williams Realty - Moorestown
Is Tabernacle Township, 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, Tabernacle Township was a Buyer's Market.
Key Takeaway
Tabernacle Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tabernacle Township, NJ
How much do homes in Tabernacle Township, NJ cost?
Median Sold Price
$505,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+10.4%)
Key Takeaway
Homes in Tabernacle Township have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Tabernacle Township was $505,000 in October 2024, up 10.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $197.5K | $165K | -16.5% |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $525K | $550K | +4.8% |
| 5+ Bedrooms | $539.9K | $725K | +34.3% |
Summary: Tabernacle Township housing prices by bedroom type for October 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 9.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $330K | $405K | +22.7% |
| Southampton Township | $287.7K | $329K | +14.3% |
| Tabernacle Township | $457.5K | $505K | +10.4% |
Housing Supply in Tabernacle Township, NJ
How many homes are available in Tabernacle Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Tabernacle Township real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 12 | 18 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tabernacle Township 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 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tabernacle Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Tabernacle Township in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 17 Days | -53.9% |
Summary: Homes in Tabernacle Township had an average of 17 days on market in Oct 2024, down by 53.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were 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 October 2024, 10 homes were sold in Tabernacle Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
