$10,000 Closing Credit*
$1,050,000
2,548 SqFt
Daniel Harris, Listing Office: Weichert Realtors City to Shore
Is North Wildwood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Wildwood was a Seller's Market.
Key Takeaway
North Wildwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Wildwood, NJ
How much do homes in North Wildwood, NJ cost?
Median Sold Price
$470,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$130,000(+38.2%)
Key Takeaway
Homes in North Wildwood have sold for 38.2% more than they did a year ago.
Summary: The median home sold price in North Wildwood was $470,000 in October 2024, up 38.2% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $335K | +19.6% |
| 2 Bedrooms | $380K | $382K | 0.5% |
| 3 Bedrooms | $528K | $729.9K | +38.2% |
| 4 Bedrooms | $850K | $807.5K | -5.0% |
| 5+ Bedrooms | $760.8K | $2.3M | +203.6% |
Summary: North Wildwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 38.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 203.6%.
Median Sold Price Compared To Nearby Cities
| North Wildwood | $340K | $470K | +38.2% |
| Middle Township | $367.4K | $452.4K | +23.1% |
Housing Supply in North Wildwood, NJ
How many homes are available in North Wildwood, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The North Wildwood real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Wildwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Wildwood, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in North Wildwood in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for North Wildwood, NJ
How long does it take to sell a home in North Wildwood, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 39 Days | +98.3% |
Summary: Homes in North Wildwood had an average of 39 days on market in Oct 2024, up by 98.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Wildwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in North Wildwood; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.