Is East Windsor Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Windsor Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Windsor Township has remained a Seller's Market.

Key Takeaway

East Windsor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Windsor Township, NJ

How much do homes in East Windsor Township, NJ cost?

Median Sold Price

$432,625

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,458(+7.0%)

Key Takeaway

Homes in East Windsor Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in East Windsor Township was $432,625 in November 2024, up 7% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K$205K
+19.2%
2 $282.5K$327.5K
+15.9%
3 $409K$440.5K
+7.7%
4 $564.5K$655.9K
+16.2%
5+ $730K$785K
+7.5%

Summary: East Windsor Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Cities

Plainsboro Township
+15.1%
East Windsor Township
+7.0%

Housing Supply in East Windsor Township, NJ

How many homes are available in East Windsor Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8461-27.4%

Summary: The East Windsor Township real estate market had 61 homes for sale in November 2024, a 27.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 2625
-3.8%
3 3621
-41.7%
4 1610
-37.5%
5+ 22
0.0%

Summary: The East Windsor Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3116-48.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Windsor Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in East Windsor Township in November 2024, down by 48.4% month-over-month. Of the 16 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for East Windsor Township, NJ

How long does it take to sell a home in East Windsor Township, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days27 Days+61.8%

Summary: Homes in East Windsor Township had an average of 27 days on market in Nov 2024, up by 61.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Windsor Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in East Windsor Township; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in East Windsor Township, NJ

Nearby Markets to East Windsor Township, NJ

What housing markets are near East Windsor Township, NJ?