$8,894 Closing Credit*
$749,000
1,533 SqFt
3 Beds
•2 Full Baths
Listing Office: WEICHERT REALTORS
Is Tewksbury 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, 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
$987,500
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$187,500(+23.4%)
Key Takeaway
Homes in Tewksbury Township have sold for 23.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | - | N/A |
| 2 Bedrooms | $539.5K | $508K | -5.8% |
| 3 Bedrooms | $675K | $701K | +3.9% |
| 4 Bedrooms | $864K | $987.5K | +14.3% |
| 5+ Bedrooms | $1.2M | $1.3M | +5.9% |
Summary: Tewksbury 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 5.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Califon | $568K | $762K | +34.2% |
| Tewksbury Township | $800K | $987.5K | +23.4% |
| Whitehouse Station | $581.3K | $685K | +17.8% |
| Bedminster Township | $450K | $500K | +11.1% |
Housing Supply in Tewksbury Township, NJ
How many homes are available in Tewksbury Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 35 | -7.9% |
Summary: The Tewksbury Township real estate market had 35 homes for sale in November 2024, a 7.9% decrease 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 | 11 | 10 | -9.1% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Tewksbury 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 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 Tewksbury Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tewksbury Township in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
