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In Hunterdon County, the median home sale price reached $473,000 last month, marking an 8.5% increase from the previous year. Additionally, the median price per square foot in the county rose to $275, reflecting a significant 19.6% growth compared to last year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In January 2024, the real estate market in Hunterdon County saw a notable increase, with homes for sale in Hunterdon County fetching a median price of $473K, an 8.5% rise from the previous year. Despite homes spending an average of 32 days on the market, the same as last year, the volume of homes sold experienced a slight decrease, with 93 properties changing hands, compared to 104 in the same period last year. This underscores a vibrant market for Hunterdon County homes for sale, reflecting sustained interest and value appreciation.
The Hunterdon County real estate market is considered a neutral market, which means that prices are generally reasonable and homes tend to stay on the market for a typical length of time. However, the market has been experiencing significant changes in recent months.
In January 2024, the median home sale price in Hunterdon County increased by 8.5% compared to the previous year, reaching $473,000. This growth was driven by an increase in home prices across all bedroom types, with 1-bedroom homes seeing a 10% increase, 2-bedroom homes a 14.6% increase, 3-bedroom homes a 7.1% increase, 4-bedroom homes a 7.7% increase, and 5+ bedroom homes a 22.3% increase
The inventory of homes for sale in Hunterdon County also decreased by 4.4% compared to the previous month, with 481 homes available in January 2024. his decline in available inventory may contribute to a more competitive market, especially for those searching for homes in specific bedroom types, such as 1-bedroom homes, which saw a 22.2% decrease in inventory.
Hunterdon County offers a blend of natural beauty, historical richness, and vibrant culture, making it an attractive place to buy property. It's renowned for its picturesque outdoors, including rolling hills, forested mountains, and vibrant vineyards, with 41% of its land dedicated to farming.
Hunterdon's properties, including waterfront homes, offer serenity and connection to nature, exemplified by homes with direct river access and beautiful views, providing a peaceful and enriching living experience​
Freeman Smith is here to guide you through every step of the process. Whether you have questions or are ready to start your property search, contact Freeman Smith today and take the first step towards making your Hunterdon County home dreams a reality.
Uncover the beauty, history, and vibrant community of Hunterdon County with our comprehensive guide. From scenic landscapes to cultural treasures, our guide offers everything you need to explore the unique charm of Hunterdon County. Start your journey today and immerse yourself in the rich heritage and natural splendor of this captivating region.
Freeman's goal is to simplify a very complicated process and arrive at the very best for you, the client. With over 40 years of sales and negotiating experience, your needs will be placed before everything else.