Is Atco, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Atco has remained a Seller's Market.
Housing Prices in Atco, NJ
How much do homes in Atco, NJ cost?
Median Sold Price
$320,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Atco was $320,000 in May 2024, up 11.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $220K | +2.3% |
3 Bedrooms | $261K | $315K | +20.7% |
4 Bedrooms | $362K | $378K | +4.4% |
5+ Bedrooms | $380K | $415K | +9.2% |
Summary: Atco housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
Waterford Works | $276K | $330K | +19.6% |
Berlin | $310K | $360K | +16.1% |
Atco | $286K | $320K | +11.9% |
Waterford Township | $330K | $327.5K | -0.8% |
Housing Supply in Atco, NJ
How many homes are available in Atco, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 49 | +8.9% |
Summary: The Atco real estate market had 49 homes for sale in May 2024, a 8.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 16 | 20 | +25.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Atco housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Atco in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
Days on Market for Atco, NJ
How long does it take to sell a home in Atco, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 15 Days | -45.7% |
Summary: Homes in Atco had an average of 15 days on market in May 2024, down by 45.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Atco; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.