Listing Office: COLDWELL BANKER REALTY
Branchburg Township Housing Market Report December 2024•Somerset County, New Jersey
Housing Prices in Branchburg Township, NJ
How much do homes in Branchburg Township, NJ cost?
Housing Market Conditions
Is Branchburg Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Branchburg Township is a Seller's Market
Difference Since December 2023
Since last year, Branchburg Township has remained a Seller's Market.
Branchburg 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 Branchburg Township have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Branchburg Township was $615,000 in December 2024, up 6.6% from last year, and the median price per square foot was $283.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Whitehouse Station | $580.6K | $717.5K | +23.6% |
Hillsborough Township | $518.7K | $590K | +13.7% |
Neshanic Station | $660.4K | $730K | +10.5% |
Branchburg Township | $577K | $615K | +6.6% |
Readington Township | $632.5K | $666.7K | +5.4% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | $287.5K | N/A |
22 Bedrooms | $358K | $443.5K | +23.9% |
33 Bedrooms | $525K | $595K | +13.3% |
44 Bedrooms | $700K | $801K | +14.4% |
55+ Bedrooms | $999K | $977.4K | -2.2% |
Summary: Branchburg Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +23.9%. The home price for 3 bedroom homes increased by +13.3%. The home price for 4 bedroom homes increased by +14.4%. The home price for 5 bedroom homes decreased by -2.2%.
Housing supply in Branchburg Township, NJ
How many homes are available in Branchburg Township, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
34Last MonthDec 2024 | ||
442 months agoNov 2024 | -22.7 % Change MoMNov – Dec |
Summary: The Branchburg Township real estate market had 34 homes for sale in Dec 2024, a 22.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
15Last MonthDec 2024 | ||
162 months agoNov 2024 | -6.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 10 | 10 | 0.0% |
33 Bedrooms | 13 | 11 | -15.4% |
44 Bedrooms | 17 | 12 | -29.4% |
55+ Bedrooms | 3 | 1 | -66.7% |
Summary: Branchburg Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes decreased by -29.4%. The inventory for 5 bedroom homes decreased by -66.7%.
Asking Price vs. Sold Price
How much do homes in Branchburg Township, NJ cost?
Over Asking Price7 Homes
At Asking Price4 Homes
Under Asking Price4 Homes
If you're buying a home in Branchburg Township, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Branchburg Township in December 2024, down by 6.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 27% were sold at asking, and and 47% were sold over asking.
Days on Market for Branchburg Township, NJ
How long does it take to sell a home in Branchburg Township, NJ?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Many homes in Branchburg Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in Branchburg Township; 13% of homes were sold within 30 days, 13% 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 |
---|---|---|
34 DaysThis YearDec 2024 | ||
36 Days1 year agoDec 2023 | -4.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Branchburg Township had an average listing age of 34 days in Dec 2024, down by 4.2% compared to the previous year.
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Newest Listings in Branchburg Township, NJ
What homes are available in Branchburg Township, NJ?
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, ALL JERSEY MLS, and BrightMLS for the period 01/01/2023 - 01/01/2025
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/30/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.