$8,301 Closing Credit*
$699,000
4 Beds
•2 Full Baths, 1 Partial
Listing Office: COLDWELL BANKER REALTY
Is Kingwood Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kingwood Township has remained a Seller's Market.
Key Takeaway
Kingwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingwood Township, NJ
How much do homes in Kingwood Township, NJ cost?
Median Sold Price
$646,000
$298/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$61,000(+10.4%)
Key Takeaway
Homes in Kingwood Township have sold for 10.4% more than they did a month ago.
Summary: The median home sold price in Kingwood Township was $646,000 in October 2024, up 10.4% from last month, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $777K | N/A |
| 3 Bedrooms | $429.9K | $513K | +19.3% |
| 4 Bedrooms | $791.3K | - | N/A |
| 5+ Bedrooms | - | $850K | N/A |
Summary: Kingwood Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kingwood Township | $585K | $646K | +10.4% |
| Erwinna | $628.7K | $515K | -18.1% |
Housing Supply in Kingwood Township, NJ
How many homes are available in Kingwood Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Summary: The Kingwood Township real estate market had 26 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kingwood Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingwood Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kingwood Township in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Kingwood Township, NJ
How long does it take to sell a home in Kingwood Township, NJ?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kingwood Township has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Kingwood Township; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
