$3,384 Closing Credit*
$285,000
1,267 SqFt
4 Beds
•1 Full Bath
Daisy Davis-Quick, Listing Office: RE/MAX Preferred - Mullica Hill
Is Wenonah, 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, Wenonah has remained a Seller's Market.
Key Takeaway
Wenonah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wenonah, NJ
How much do homes in Wenonah, NJ cost?
Median Sold Price
$327,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,000(-2.4%)
Key Takeaway
Homes in Wenonah have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Wenonah was $327,000 in November 2024, down 2.4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $272.6K | $255K | -6.5% |
| 3 Bedrooms | $320K | $320K | 0.0% |
| 4 Bedrooms | $360K | $357.9K | -0.6% |
| 5+ Bedrooms | $392.4K | $530K | +35.0% |
Summary: Wenonah 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 decreased by 6.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 35%.
Median Sold Price Compared To Nearby Cities
| Mantua Township | $280K | $317K | +13.2% |
| Deptford Township | $300K | $325K | +8.3% |
| Mantua | $250K | $268.9K | +7.6% |
| Sewell | $360K | $370.2K | +2.8% |
| Wenonah | $335K | $327K | -2.4% |
Housing Supply in Wenonah, NJ
How many homes are available in Wenonah, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The Wenonah real estate market had 37 homes for sale in November 2024, a 2.8% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 25 | 21 | -16.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Wenonah 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 increased by 50%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wenonah, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Wenonah in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Wenonah, NJ
How long does it take to sell a home in Wenonah, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 24 Days | -32.6% |
Summary: Homes in Wenonah had an average of 24 days on market in Nov 2024, down by 32.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wenonah are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Wenonah; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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.