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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ewing Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Ewing Township, NJ

How much do homes in Ewing Township, NJ cost?

Median Sold Price

$360,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,333(+12.3%)

Key Takeaway

Homes in Ewing Township have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Ewing Township was $360,000 in November 2024, up 12.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$189.6K
+2.5%
2 $260K$290K
+11.5%
3 $330K$365K
+10.6%
4 $344K$395K
+14.8%
5+ $354.9K$400K
+12.7%

Summary: Ewing Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Lawrence Township
+21.6%
Titusville
+18.8%
Trenton
+13.7%
Ewing Township
+12.3%
Washington Crossing
+0.6%

Housing Supply in Ewing Township, NJ

How many homes are available in Ewing Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
124122-1.6%

Summary: The Ewing Township real estate market had 122 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2529
+16.0%
3 4854
+12.5%
4 4535
-22.2%
5+ 43
-25.0%

Summary: The Ewing Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3327-18.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ewing Township, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Ewing Township in November 2024, down by 18.2% month-over-month. Of the 27 sold homes, 48% were sold under asking, 15% were sold at asking, and 37% were sold over asking.

Days on Market for Ewing Township, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days29 Days+7.0%

Summary: Homes in Ewing Township had an average of 29 days on market in Nov 2024, up by 7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Ewing Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

Newest Listings in Ewing Township, NJ

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