Florence Township Housing Market Report March 2025•Burlington County, New Jersey

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Housing Prices in Florence Township, NJ

How much do homes in Florence Township, NJ cost?

Housing Market Conditions

Is Florence Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Florence Township is a Neutral Market

Difference Since February 2025

Last month, Florence Township has remained a Neutral Market.

Insight

Florence Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$380,000$174/SqFt
-$20,000
-5.0%

Based on all homes sold in March 2025

Insight

Homes in Florence Township have sold for 5% less than they did a month ago.

Summary: The median home sold price in Florence Township was $380,000 in March 2025, down 5% from last month, and the median price per square foot was $174.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1$108K$104K
-3.7%
2$238.7K$130K
-45.5%
3$430K$426.5K
-0.8%
4$640K$492K
-23.1%
5--
N/A

Summary: Florence Township housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -3.7%. The home price for 2 bedroom homes decreased by -45.5%. The home price for 3 bedroom homes decreased by -0.8%. The home price for 4 bedroom homes decreased by -23.1%. The home price for 5 bedroom homes did not change.

How does Florence Township, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Florence Township, NJ

Housing supply in Florence Township, NJ

How many homes are available in Florence Township, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
47Last MonthMar 2025
422 months agoFeb 2025
+11.9 %
Change MoMFeb – Mar

Summary: The Florence Township real estate market had 47 homes for sale in Mar 2025, a 11.9 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
7Last MonthMar 2025
72 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
187
-12.5%
2119
-18.2%
31619
+18.8%
4511
+120.0%
521
-50.0%

Summary: Florence Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes decreased by -18.2%. The inventory for 3 bedroom homes increased by +18.8%. The inventory for 4 bedroom homes increased by +120.0%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Florence Township, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Florence Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Florence Township in March 2025, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and and 43% were sold over asking.

Days on Market for Florence Township, NJ

How long does it take to sell a home in Florence Township, NJ?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Florence Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 7 homes were sold in Florence Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
66 DaysLast MonthMar 2025
30 Days1 month agoFeb 2025
+117.4 %
Change MoMFeb – Mar

Summary: Homes in Florence Township had an average listing age of 66 days in Mar 2025, up by 117.4% compared to the previous month.

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Newest Listings in Florence Township, NJ

What homes are available in Florence Township, NJ?

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MLS Disclaimers and Copyright

Based on information from BrightMLS, and ALL JERSEY MLS for the period 02/01/2025 - 04/01/2025

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

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: 4/24/2025, 9:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.