$10,000 Closing Credit*
$1,195,000
4 Beds
•3 Full Baths, 1 Partial
Listing Office: TURPIN REAL ESTATE, INC.
Is Tewksbury 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, Tewksbury Township was a Seller's Market.
Key Takeaway
Tewksbury Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tewksbury Township, NJ
How much do homes in Tewksbury Township, NJ cost?
Median Sold Price
$932,450
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$124,550(+15.4%)
Key Takeaway
Homes in Tewksbury Township have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Tewksbury Township was $932,450 in October 2024, up 15.4% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $345K | N/A |
| 2 Bedrooms | $539.5K | $508K | -5.8% |
| 3 Bedrooms | $675K | $749K | +11.0% |
| 4 Bedrooms | $860K | $910K | +5.8% |
| 5+ Bedrooms | $1.1M | $1.3M | +13.8% |
Summary: Tewksbury 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 5.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Cities
| Califon | $575K | $775K | +34.8% |
| Whitehouse Station | $575K | $675K | +17.4% |
| Tewksbury Township | $807.9K | $932.4K | +15.4% |
| Bedminster Township | $450K | $495K | +10.0% |
Housing Supply in Tewksbury Township, NJ
How many homes are available in Tewksbury Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 43 | +22.9% |
Summary: The Tewksbury Township real estate market had 43 homes for sale in October 2024, a 22.9% 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 | 6 | 12 | +100.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Tewksbury 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 increased by 100%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tewksbury Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Tewksbury Township in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Tewksbury Township, NJ
We’re sorry, we don't have information for this market at the moment
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