Is Seaside Park, 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, Seaside Park was a Neutral Market.
Key Takeaway
Seaside Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seaside Park, NJ
How much do homes in Seaside Park, NJ cost?
Median Sold Price
$814,000
$557/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Seaside Park have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in Seaside Park was $814,000 in April 2024, up 13.8% from last year, and the median price per square foot was $557.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $232.5K | +6.9% |
| 2 Bedrooms | $475K | $562.5K | +18.4% |
| 3 Bedrooms | $702.5K | $800K | +13.9% |
| 4 Bedrooms | $785K | $864.5K | +10.1% |
| 5+ Bedrooms | $995K | $1.3M | +30.7% |
Summary: Seaside Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Cities
| Seaside Heights | $595K | $690K | +16.0% |
| Seaside Park | $715.5K | $814K | +13.8% |
| Berkeley Township | $315K | $335.4K | +6.5% |
Housing Supply in Seaside Park, NJ
How many homes are available in Seaside Park, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 35 | +6.1% |
Summary: The Seaside Park real estate market had 35 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Seaside Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seaside Park, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Seaside Park in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Seaside Park, NJ
How long does it take to sell a home in Seaside Park, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 93 Days | 72 Days | -22.1% |
Summary: Homes in Seaside Park had an average of 72 days on market in Apr 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seaside Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Seaside Park; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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.