Looking for Mullica Hill new construction homes for sale? Whether you’re looking for more square footage, open floor plans, or custom designs, new construction is a great way to get the home of your dreams.
In this post, we’ll discuss some key things to know when searching for brand-new homes in Mullica Hill. We’ll also cover some key housing market information and the top neighborhoods with new construction properties.
Key Takeaways
- Mullica Hill is considered a seller’s market. In recent months, the median listing price for a home in Mullica Hill was $519,360.
- Buying a new construction home has benefits like lower maintenance requirements, increased energy efficiency, and advanced safety features.
- Some of the best neighborhoods to find new construction homes in Mullica Hill are The Reserve at Brookside Farms, Valle del Sol, and Crossroads At Mullica Hill.
- With new construction in high demand across Mullica Hill, having an experienced realtor in your corner to help you buy a home is crucial.
Is There Information About New Homes in Mullica Hill?
Mullica Hill is considered a seller’s market. In recent months, the median listing price for a home in Mullica Hill was $519,360, which is down by 6.6% from a year ago. Overall, home prices have been rising in recent years. The median sold price rose 11.4% from in the past two years, indicating high buyer demand.
On average, homes sell after 22 days on the market, which is an increase of 10 days compared to a year ago. Most homes receive around three offers before selling.
In recent months, 13 homes were sold in the area, which is a 38% decrease from the same point last year. Homes have a sale-to-list price ratio of 102%, and about 69% of homes sell above their listing price.
What are Some Neighborhoods With Newly Built Homes?
The Reserve at Brookside Farms
The Reserve at Brookside Farm is a neighborhood of luxury new homes built by Bruce Paparone Communities. Homes range in price from $784,900 to $1,019,900. Home buyers can choose from six unique floor plans ranging from 2,800 to over 4,400 square feet. With its combination of custom-built homes, community green space, and ideal location, The Reserve at Brookside Farms offers a small-town lifestyle just minutes from everything Mullica Hill and the surrounding region have to offer.
Valle Del Sol
Valle Del Sol is a neighborhood with midsize, single-family homes. Homes are new construction, with the oldest homes built in 2020. Homes have an average size of 2,450 square feet, and most have four bedrooms and three bathrooms. The median sale price is $412,580, or $163 per square foot.
Crossroads At Mullica Hill
Crossroads at Mullica Hill is a new construction community of large single-family homes. Homes sell for anywhere between $943,000 to $1,534,540, with a median sale price of $1,238,770. The neighborhood began construction in 2020 and 2021, with more homes currently being built. Homes range in size from 4,100 to 5,398 square feet and have four to six bedrooms and four to five bathrooms. Most homes sit on an acre of land.
Ellis Mill Estates
Ellis Mill Estates is a neighborhood of large, single-family luxury homes. The neighborhood features a mix of new construction and established properties, with the oldest homes built in 2019. The median sale price is $440,000, or $148 per square foot. The majority of homes have about an acre of land and are around 3,000 square feet in size. Most homes have four bedrooms and three bathrooms.
To find Mullica Hill new construction homes for sale, reach out to Your Home Sold Guaranteed Realty - Nancy Kowalik Group at (856) 478-6562. Our team can provide a smooth home-buying process and help you find your dream home in Mullica Hill.
Why Should I Buy a Newly Built Home in Mullica Hill?
- Low Maintenance: New construction homes come with brand-new systems, materials, and appliances, reducing the likelihood of immediate repairs or replacements. This can lead to lower maintenance costs in the initial years of ownership.
- Energy Efficiency: New homes are often built with energy-efficient technologies and materials, resulting in lower utility bills and a reduced environmental impact. This can also make the home more attractive to future buyers.
- Advanced Safety Features: New homes are designed with modern safety features such as fire-resistant materials, updated wiring, and advanced security systems.
- Long-Term Investment: Buying a new construction home can be seen as a long-term investment. As the property ages, its value could appreciate over time, potentially offering a higher resale value.
- Pride of Ownership: Owning a brand-new home can be a source of pride and accomplishment. You get to be the first to live in it and create memories.
Should I Hire a Realtor to Buy a New Construction Home?
With new construction in high demand across Mullica Hill, having an experienced realtor in your corner to help you buy a home is crucial. Builders often act in their own interests– but Nancy Kowalik and Your Home Sold Guaranteed Realty - Nancy Kowalik Group will advocate for you.
With over 16 years of expertise in the South Jersey real estate market, our realtors have established relationships with premier builders in the area. In addition, buying a home is risk-free with our exclusive buyer guarantees, like the Buy it Back Guarantee and Buyer Cancellation Guarantee.
Our team is here to help guide you through the home buying process from start to finish. So if you want an advocate on your side along with access to the latest Mullica Hill new construction homes for sale, call us at (856) 478-6562 today. You can also fill out the form on this page.
People Also Ask
Is Mullica Hill, NJ, expensive?
The overall cost of living in Mullica Hill is 15% higher than the U.S. average, but around five percent cheaper compared to the rest of New Jersey.
What is the zip code for Mullica Hill, NJ?
The zip code for Mullica Hill is 08062.
What is the average income in Mullica Hill, NJ?
The average individual income in Mullica Hill is $54,638 and the average household income is $105,903.
Is Mullica Hill a dry town?
Mullica Hill used to be a dry town until 2009 when the town passed a referendum to allow liquor licenses in restaurants and other establishments.
Is Mullica Hill rural?
Mullica Hill has a mixture of rural and suburban characteristics.
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