$10,000 Closing Credit*
$848,753
7 Beds
•4 Full Baths, 1 Partial
Listing Office: REALTY EXECUTIVES FIRST CLASS
Is Wantage 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, Wantage Township has remained a Seller's Market.
Key Takeaway
Wantage Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wantage Township, NJ
How much do homes in Wantage Township, NJ cost?
Median Sold Price
$435,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,557(+9.4%)
Key Takeaway
Homes in Wantage Township have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Wantage Township was $435,000 in November 2024, up 9.4% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $295K | +18.0% |
| 3 Bedrooms | $377K | $420K | +11.4% |
| 4 Bedrooms | $505K | $540K | +6.9% |
| 5+ Bedrooms | $552.5K | $640K | +15.8% |
Summary: Wantage Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Sussex | $361.5K | $412.5K | +14.1% |
| Vernon Township | $295K | $330.8K | +12.1% |
| Wantage Township | $397.4K | $435K | +9.4% |
| Hardyston Township | $366.7K | $392.4K | +7.0% |
Housing Supply in Wantage Township, NJ
How many homes are available in Wantage Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +1.9% |
Summary: The Wantage Township real estate market had 53 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Wantage Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wantage Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Wantage Township in November 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Wantage Township, NJ
We’re sorry, we don't have information for this market at the moment
