$3,432 Closing Credit*
$289,000
1,260 SqFt
3 Beds
•1 Full Bath
Edwina Pennino, Listing Office: RE/MAX Preferred - Vineland
Is Vineland, 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, Vineland was a Seller's Market.
Key Takeaway
Vineland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Vineland, NJ
How much do homes in Vineland, NJ cost?
Median Sold Price
$281,733
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,733(+6.3%)
Key Takeaway
Homes in Vineland have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Vineland was $281,733 in October 2024, up 6.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.5K | $180K | +19.6% |
| 2 Bedrooms | $199K | $210K | +5.5% |
| 3 Bedrooms | $257.3K | $285K | +10.8% |
| 4 Bedrooms | $368.2K | $375K | +1.8% |
| 5+ Bedrooms | $390K | $329.5K | -15.5% |
Summary: Vineland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Buena | $252.5K | $299.9K | +18.8% |
| Newfield | $277.5K | $300K | +8.1% |
| Vineland | $265K | $281.7K | +6.3% |
| Pittsgrove Township | $330K | $345K | +4.5% |
Housing Supply in Vineland, NJ
How many homes are available in Vineland, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 197 | 201 | +2.0% |
Summary: The Vineland real estate market had 201 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 30 | 26 | -13.3% |
| 3 Bedrooms | 115 | 107 | -7.0% |
| 4 Bedrooms | 44 | 55 | +25.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Vineland 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 13.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 32 | -37.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vineland, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Vineland in October 2024, down by 37.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.
Days on Market for Vineland, NJ
How long does it take to sell a home in Vineland, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 23 Days | -32.6% |
Summary: Homes in Vineland had an average of 23 days on market in Oct 2024, down by 32.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vineland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Vineland; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
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.