Morganville, NJ

Buyer's market-43.1% YoY

Housing market overview · Updated weekly

$425,000median sale price

Homes sold

2

Last 12 weeks

Days on market

170

Average pace

Active listings

10

5.0 months supply

Sale-to-list

92.5%

Below asking

The Morganville housing market is currently classified as a buyer's market with a median sale price of $425,000. Prices have fallen 43.1% compared to last year, with homes spending an average of 170 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Morganville

There are currently 10 homes listed for sale in Morganville, New Jersey. The median listing price is $875K.

Active listings

10

Homes on market

Median list price

$875K

Avg. days on market

170

Days until sale

New this week

5

Newly listed

Price drops:10.0%of listings
Sale-to-list:92.5%

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Frequently asked questions

What is the average home price in Morganville?

The median home sale price in Morganville is $425,000, down 43.1% from last year.

How long do homes stay on market in Morganville?

Homes typically spend 170 days on market before going under contract.

Is Morganville a buyer's or seller's market?

With 5.0 months of supply, Morganville is currently a buyer's market.

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