Coming soon
$8,609 Closing Credit¹
#NJME2055154, Kelly Ann Crounse, Listing Office: Coldwell Banker Residential Brokerage-Princeton Jct
Hopewell Township Housing Market Report February 2025•Mercer County, New Jersey
Housing Prices in Hopewell Township, NJ
How much do homes in Hopewell Township, NJ cost?
Housing Market Conditions
Is Hopewell Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hopewell Township is a Buyer's Market
Difference Since February 2024
Since last year, Hopewell Township has remained a Buyer's Market.
Insight
Hopewell Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$630,000$294/SqFt
+$10,000
+1.6%
Based on all homes sold in the last 12 months
Insight
Homes in Hopewell Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Hopewell Township was $630,000 in February 2025, up 1.6% from last year, and the median price per square foot was $294.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Titusville | $530K | $615K | +16.0% |
| West Amwell Township | $610K | $633K | +3.8% |
| Hopewell Township | $620K | $630K | +1.6% |
| Pennington | $615K | $609.5K | -0.9% |
| Hopewell | $655K | $635K | -3.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $360K | - | N/A |
| 22 Bedrooms | $395K | $492.5K | +24.7% |
| 33 Bedrooms | $525K | $545K | +3.8% |
| 44 Bedrooms | $750K | $842K | +12.3% |
| 55+ Bedrooms | $992.2K | $1.1M | +18.4% |
Summary: Hopewell Township housing price by bedroom type for February 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 +24.7%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +12.3%. The home price for 5 bedroom homes increased by +18.4%.
Housing supply in Hopewell Township, NJ
How many homes are available in Hopewell Township, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 57Last MonthFeb 2025 | ||
| 562 months agoJan 2025 | +1.8 % Change MoMJan – Feb |
Summary: The Hopewell Township real estate market had 57 homes for sale in Feb 2025, a 1.8 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 102 months agoJan 2025 | -20.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 5 | -28.6% |
| 33 Bedrooms | 17 | 20 | +17.6% |
| 44 Bedrooms | 21 | 24 | +14.3% |
| 55+ Bedrooms | 11 | 8 | -27.3% |
Summary: Hopewell Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes increased by +17.6%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes decreased by -27.3%.
Asking Price vs. Sold Price
How much do homes in Hopewell Township, NJ cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Hopewell Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Hopewell Township in February 2025, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for Hopewell Township, NJ
How long does it take to sell a home in Hopewell Township, NJ?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Hopewell Township has remained consistent over time.
Summary: During February 2025, 8 homes were sold in Hopewell Township; 38% of homes were sold within 30 days, 50% 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 |
|---|---|---|
| 31 DaysThis YearFeb 2025 | ||
| 18 Days1 year agoFeb 2024 | +72.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Hopewell Township had an average listing age of 31 days in Feb 2025, up by 72.2% compared to the previous year.
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Newest Listings in Hopewell Township, NJ
What homes are available in Hopewell Township, NJ?
New - 2 days on Rocket
$10,000 Closing Credit¹
#NJME2055100, Vanessa C. Shives, Listing Office: Queenston Realty, LLC
New - 3 days on Rocket
$10,000 Closing Credit¹
#NJME2053524, Deborah W Lane, Listing Office: Callaway Henderson Sotheby's Int'l-Princeton
New - 4 days on Rocket
$9,796 Closing Credit¹
#NJME2054824, Sue Fowler, Listing Office: RE/MAX of Princeton
Coming soon
$5,213 Closing Credit¹
#NJME2054914, Elisabeth A Kerr, Listing Office: Corcoran Sawyer Smith
$2,219 Closing Credit¹
#NJME2054742, Sue A Havens, Listing Office: Callaway Henderson Sotheby's Int'l-Princeton
$4,986 Closing Credit¹
#NJME2054708, Howard E Spencer V, Listing Office: Coldwell Banker Residential Brokerage - Flemington
$10,000 Closing Credit¹
#NJME2054648, Abdulbaset A Abdulla, Listing Office: Weichert Realtors - Princeton
$6,638 Closing Credit¹
#NJME2052326, Theza Friedman, Listing Office: Coldwell Banker Residential Brokerage-Princeton Jct
Video tour
$7,599 Closing Credit¹
#2509295R, Listing Office: KELLER WILLIAMS ELITE REALTORS
#NJHT2003570, Janet H Larrain, Listing Office: Real Broker, LLC
$6,519 Closing Credit¹
#NJME2054550, Christina Winka, Listing Office: Coldwell Banker Residential Brokerage - Princeton
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MLS Disclaimers and Copyright
Based on information from BrightMLS, Garden State MLS, and ALL JERSEY MLS for the period 03/01/2023 - 03/01/2025
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: 3/2/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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: 3/2/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/2/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/2/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.