$5,759 Closing Credit*
$485,000
2,040 SqFt
4 Beds
•2 Full Baths, 1 Partial
Rosemarie Rose Simila, Listing Office: Home and Heart Realty
Is West Deptford Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Deptford Township has remained a Seller's Market.
Key Takeaway
West Deptford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Deptford Township, NJ
How much do homes in West Deptford Township, NJ cost?
Median Sold Price
$315,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+8.6%)
Key Takeaway
Homes in West Deptford Township have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in West Deptford Township was $315,000 in October 2024, up 8.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $185.3K | +32.4% |
| 2 Bedrooms | $216K | $240K | +11.1% |
| 3 Bedrooms | $275K | $305K | +10.9% |
| 4 Bedrooms | $385K | $415K | +7.8% |
| 5+ Bedrooms | $351K | $410K | +16.8% |
Summary: West Deptford Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Woodbury | $269K | $315K | +17.1% |
| Thorofare | $295K | $342.5K | +16.1% |
| Woodbury Heights | $310K | $345K | +11.3% |
| National Park | $230K | $251K | +9.1% |
| West Deptford Township | $290K | $315K | +8.6% |
Housing Supply in West Deptford Township, NJ
How many homes are available in West Deptford Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 62 | -7.5% |
Summary: The West Deptford Township real estate market had 62 homes for sale in October 2024, a 7.5% 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 | 11 | 15 | +36.4% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The West Deptford 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 increased by 36.4%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Deptford Township, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in West Deptford Township in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 6% were sold under asking, 24% were sold at asking, and 71% were sold over asking.
Days on Market for West Deptford Township, NJ
How long does it take to sell a home in West Deptford Township, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 21 Days | +18.0% |
Summary: Homes in West Deptford Township had an average of 21 days on market in Oct 2024, up by 18% compared to last year.
Breakdown of Home Sale Times
13 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 West Deptford Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in West Deptford Township; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
