#NJSA2013272, Thomas Hollinger, Listing Office: BHHS Fox & Roach-Mullica Hill South
Alloway Township Housing Market Report January 2025•Salem County, New Jersey
Housing Prices in Alloway Township, NJ
How much do homes in Alloway Township, NJ cost?
Housing Market Conditions
Is Alloway Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Alloway Township is a Seller's Market
Difference Since January 2024
At the same time last year, Alloway Township was a Buyer's Market.
Alloway Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Alloway Township have sold for 26.3% more than they did a year ago.
Summary: The median home sold price in Alloway Township was $360,000 in January 2025, up 26.3% from last year, and the median price per square foot was $185.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Alloway Township | $285K | $360K | +26.3% |
Upper Deerfield Township | $294.5K | $324K | +10.0% |
Hopewell Township | $460K | $450K | -2.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $135K | - | N/A |
22 Bedrooms | $125K | $252.5K | +102.0% |
33 Bedrooms | $285K | $320K | +12.3% |
44 Bedrooms | $295K | $479.9K | +62.7% |
55+ Bedrooms | $275K | $1.0M | +281.8% |
Summary: Alloway Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +102.0%. The home price for 3 bedroom homes increased by +12.3%. The home price for 4 bedroom homes increased by +62.7%. The home price for 5 bedroom homes increased by +281.8%.
Housing supply in Alloway Township, NJ
How many homes are available in Alloway Township, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
142 months agoDec 2024 | -21.4 % Change MoMDec – Jan |
Summary: The Alloway Township real estate market had 11 homes for sale in Jan 2025, a 21.4 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthJan 2025 | ||
32 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 9 | 6 | -33.3% |
44 Bedrooms | 1 | 1 | 0.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Alloway Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Alloway Township, NJ cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
If you're buying a home in Alloway Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Alloway Township in January 2025, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Alloway Township, NJ
How long does it take to sell a home in Alloway Township, NJ?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Alloway Township has remained consistent over time.
Summary: During January 2025, 3 homes were sold in Alloway Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
39 DaysThis YearJan 2025 | ||
21 Days1 year agoJan 2024 | +88.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Alloway Township had an average listing age of 39 days in Jan 2025, up by 88.9% compared to the previous year.
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Newest Listings in Alloway Township, NJ
What homes are available in Alloway Township, NJ?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.