$8,301 Closing Credit*
$699,000
2,693 SqFt
4 Beds
•2 Full Baths
Abby Scheer, Listing Office: G & G Agency Inc
Is Uptown Long Branch, 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, Uptown Long Branch was a Seller's Market.
Key Takeaway
Uptown Long Branch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Uptown Long Branch, NJ
How much do homes in Uptown Long Branch, NJ cost?
Median Sold Price
$699,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,000(+16.5%)
Key Takeaway
Homes in Uptown Long Branch have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Uptown Long Branch was $699,000 in October 2024, up 16.5% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $395K | +71.7% |
| 2 Bedrooms | $405K | $440.8K | +8.9% |
| 3 Bedrooms | $550K | $517.5K | -5.9% |
| 4 Bedrooms | $695K | $1.2M | +82.6% |
| 5+ Bedrooms | $775K | $775K | 0.0% |
Summary: Uptown Long Branch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.7%, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 82.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Uptown Long Branch | $600K | $699K | +16.5% |
| West End Long Branch | $761.3K | $685K | -10.0% |
Housing Supply in Uptown Long Branch, NJ
How many homes are available in Uptown Long Branch, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Uptown Long Branch real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Uptown Long Branch 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 decreased by 25%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Uptown Long Branch, 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 Uptown Long Branch in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Uptown Long Branch, NJ
How long does it take to sell a home in Uptown Long Branch, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 58 Days | +139.7% |
Summary: Homes in Uptown Long Branch had an average of 58 days on market in Oct 2024, up by 139.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Uptown Long Branch has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Uptown Long Branch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.