Spring Lake, NJ
Housing market overview · Updated weekly
$5.74Mmedian sale price
Homes sold
5
Last 12 weeks
Days on market
38
Average pace
Active listings
8
1.6 months supply
Sale-to-list
102.3%
Above asking
The Spring Lake housing market is currently classified as a strong seller's market with a median sale price of $5.74M. Prices have risen 79.5% compared to last year, with homes spending an average of 38 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Spring Lake?
The median home sale price in Spring Lake is $5.74M, up 79.5% from last year.
How long do homes stay on market in Spring Lake?
Homes typically spend 38 days on market before going under contract.
Is Spring Lake a buyer's or seller's market?
With 1.6 months of supply, Spring Lake is currently a strong seller's market.
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