Is Vineland, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Vineland has remained a Seller's Market.
Key Takeaway
Vineland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vineland, NJ
How much do homes in Vineland, NJ cost?
Median Sold Price
$266,500
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vineland have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Vineland was $266,500 in April 2024, up 6.6% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.9K | $180K | +11.9% |
| 2 Bedrooms | $183K | $208.2K | +13.8% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $317.5K | $363.2K | +14.4% |
| 5+ Bedrooms | $381.5K | $360K | -5.6% |
Summary: Vineland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Newfield | $249.9K | $351.5K | +40.7% |
| Pittsgrove Township | $300K | $335K | +11.7% |
| Vineland | $250K | $266.5K | +6.6% |
| Buena | $249.9K | $247K | -1.2% |
| Deerfield Township | $270K | $260K | -3.7% |
Housing Supply in Vineland, NJ
How many homes are available in Vineland, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 161 | +3.2% |
Summary: The Vineland real estate market had 161 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 18 | -18.2% |
| 3 Bedrooms | 91 | 90 | -1.1% |
| 4 Bedrooms | 31 | 40 | +29.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Vineland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vineland, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Vineland in April 2024, down by 14.7% month-over-month. Of the 27 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 20 Days | -61.9% |
Summary: Homes in Vineland had an average of 20 days on market in Apr 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
6 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 April 2024, 29 homes were sold in Vineland; 79% of homes were sold within 30 days, 21% 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. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.