Is Eatontown, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Eatontown was a Neutral Market.
Housing Prices in Eatontown, NJ
How much do homes in Eatontown, NJ cost?
Median Sold Price
$480,750
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eatontown was $480,750 in April 2024, up 3.4% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.5K | $149K | +29.0% |
2 Bedrooms | $365K | $275K | -24.7% |
3 Bedrooms | $574.8K | $592.4K | +3.1% |
4 Bedrooms | $607.5K | $685K | +12.8% |
5+ Bedrooms | $837.5K | $783.2K | -6.5% |
Summary: Eatontown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29%, 2 bedroom homes decreased by 24.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
Eatontown | $465K | $480.7K | +3.4% |
Oceanport | $780K | $750K | -3.8% |
West Long Branch | $817.5K | $737.5K | -9.8% |
Housing Supply in Eatontown, NJ
How many homes are available in Eatontown, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 46 | -4.2% |
Summary: The Eatontown real estate market had 46 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 4 | -50.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 17 | 12 | -29.4% |
4 Bedrooms | 10 | 16 | +60.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Eatontown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Eatontown in April 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Eatontown, NJ
How long does it take to sell a home in Eatontown, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 43 Days | +158.5% |
Summary: Homes in Eatontown had an average of 43 days on market in Apr 2024, up by 158.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Eatontown; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.