Real Estate Market Update for Howell, NJ
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 17% from one year earlier, and did not change from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 49%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold decreased 19% year-over-year, and decreased 5% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Howell, NJ
Area Information for Howell, NJ
  • Population: 51,260
  • Median Age: 38.79 yr
  • Median Commute Time: 30.04 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 846/sq mi
  • Population Change Since 2000: 5.04%
  • Closest Airport: Newark Liberty International
  • Closest College: Talmudical Academy-new Jersey
  • Closest Jr. College: Brookdale Community College
  • Median Household Income: $92,769
  • Annual Residential Turnover: 10.23%
  • Median Years in Residence: 4.23 yr
  • Median Home Sales Price: $265,000
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Howell, NJ
Median Age: 38.79 Married: 39% Number of Households: 17,431 Households with Children: 7,742
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Howell, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Taunton Elementary School 0.1 mi Public K-5 4 4
      Montessori Enrichment Center 0.3 mi Private PRESCHOOL-K 0 0
      Newbury Elementary School 0.6 mi Public PRESCHOOL-5 4 4
      St. Veronica School 0.7 mi Catholic PRESCHOOL-8 0 4
      Rainbow World Preschool Center 1.5 mi Private PRESCHOOL-K 0 0
      Aldrich Elementary School 1.7 mi Public K-5 3 5
      Solomon Schechter Academy 2.6 mi Private PRESCHOOL-7 0 5
      Yeshiva Emek Hatorah 2.6 mi Private - 0 0
      Liberty Christian School 2.8 mi Private PRESCHOOL-K 0 5
      Coastal Learning Center 3.1 mi Private 2-12 0 0
      Precious Angels Preschool 3.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Ramtown Elementary School 3.8 mi Public K-5 4 4
      Greenville School 3.9 mi Public PRESCHOOL-5 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Howell, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.