$2,019 Closing Credit*
$170,000
775 SqFt
1 Bed
•1 Full Bath
Kathryn B Horch, Listing Office: Keller Williams Realty - Medford
Is Voorhees Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Voorhees Township has remained a Seller's Market.
Key Takeaway
Voorhees Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Voorhees Township, NJ
How much do homes in Voorhees Township, NJ cost?
Median Sold Price
$417,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,000(+3.0%)
Key Takeaway
Homes in Voorhees Township have sold for 3% more than they did a year ago.
Summary: The median home sold price in Voorhees Township was $417,000 in November 2024, up 3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $175K | +6.1% |
| 2 Bedrooms | $231K | $242.5K | +5.0% |
| 3 Bedrooms | $354.5K | $390K | +10.0% |
| 4 Bedrooms | $573.5K | $587.5K | +2.4% |
| 5+ Bedrooms | $687.4K | $730K | +6.2% |
Summary: Voorhees Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Gibbsboro | $324.9K | $389K | +19.7% |
| Somerdale | $277.5K | $320K | +15.3% |
| Voorhees Township | $405K | $417K | +3.0% |
| Voorhees | $405K | $416.3K | +2.8% |
| Lindenwold | $236.5K | $237.6K | 0.5% |
Housing Supply in Voorhees Township, NJ
How many homes are available in Voorhees Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 | 100 | -8.3% |
Summary: The Voorhees Township real estate market had 100 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 40 | 37 | -7.5% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Voorhees 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Voorhees Township, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Voorhees Township in November 2024, down by 32.3% month-over-month. Of the 21 sold homes, 48% were sold under asking, 10% were sold at asking, and 43% were sold over asking.
Days on Market for Voorhees Township, NJ
How long does it take to sell a home in Voorhees Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 23 Days | -1.6% |
Summary: Homes in Voorhees Township had an average of 23 days on market in Nov 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Voorhees Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Voorhees Township; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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