Bellmawr, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 148 transactions over the past year in Bellmawr. The median value for residential home transactions that occurred over the previous year is $272,680.21. The number of current listings in Bellmawr is 13, and the percentage of properties for sale in the city is 13.00%. Bellmawr, NJ currently has 72 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 13 properties for sale.
Bellmawr, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08031 | $ 270,200 $ 188/sqft |
Housing Market Summary for Bellmawr, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $244.9K | $254K | 3.69% |
| Median Sold Price | $240K | $254K | 5.83% |
| Homes For Sale | 8 | 8 | - |
| Homes Sold | 95 | 67 | -29.47% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bellmawr, NJ
Browse Homes in Bellmawr, NJ
Bellmawr home values range from $77,690 to $671,700. The median estimated value of a home in Bellmawr is $272,680.21. The median list price of a home is 268,000, and the total count of properties in the city is 3,375.
- Pre-ForeclosurePre-foreclosure homes account for 1.99% of all residential properties in Bellmawr, NJ with 08031 containing 67 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bellmawr, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $390,200 in 08031 to the lowest home value of $179,600 in 08031.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bellmawr, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Bellmawr, NJ. There is 1 zips within Bellmawr, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08031 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Bellmawr, NJ. Auction homes and other auction properties account for 0.15% of all properties in Bellmawr, NJ. There is 1 zips within Bellmawr, NJ; of that zips, the median estimated home value for homes going to auction ranges from $316,600 in 08031 to the lowest value of $248,000 in 08031.
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Guide for Bellmawr, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
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