Is Whitehouse Station, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitehouse Station is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Whitehouse Station has remained a Seller's Market.

Key Takeaway

Whitehouse Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whitehouse Station, NJ

How much do homes in Whitehouse Station, NJ cost?

Median Sold Price

$675,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+17.4%)

Key Takeaway

Homes in Whitehouse Station have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Whitehouse Station was $675,000 in October 2024, up 17.4% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $440K$456K
+3.6%
3 $500K$581.3K
+16.3%
4 $681K$795K
+16.7%
5+ $850K$965K
+13.5%

Summary: Whitehouse Station 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 increased by 3.6%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Cities

Whitehouse Station
+17.4%
Branchburg Township
+11.7%
Readington Township
+11.0%
Bedminster Township
+10.0%

Housing Supply in Whitehouse Station, NJ

How many homes are available in Whitehouse Station, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4754+14.9%

Summary: The Whitehouse Station real estate market had 54 homes for sale in October 2024, a 14.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1011
+10.0%
3 1620
+25.0%
4 1415
+7.1%
5+ 77
0.0%

Summary: The Whitehouse Station housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitehouse Station, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Whitehouse Station in October 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Whitehouse Station, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Whitehouse Station, NJ

Nearby Markets to Whitehouse Station, NJ

What housing markets are near Whitehouse Station, NJ?