Is West Windsor Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Windsor Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Windsor Township has remained a Seller's Market.

Key Takeaway

West Windsor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Windsor Township, NJ

How much do homes in West Windsor Township, NJ cost?

Median Sold Price

$886,000

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,500(+10.7%)

Key Takeaway

Homes in West Windsor Township have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in West Windsor Township was $886,000 in November 2024, up 10.7% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$325.4K
N/A
2 $435K$505K
+16.1%
3 $650K$726K
+11.7%
4 $958K$1.0M
+8.8%
5+ $1.1M$1.3M
+19.0%

Summary: West Windsor 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 16.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Cities

Plainsboro Township
+15.1%
Princeton Junction
+14.1%
Plainsboro
+12.5%
West Windsor Township
+10.7%

Housing Supply in West Windsor Township, NJ

How many homes are available in West Windsor Township, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6956-18.8%

Summary: The West Windsor Township real estate market had 56 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 1512
-20.0%
4 2721
-22.2%
5+ 139
-30.8%

Summary: The West Windsor 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1519+26.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Windsor Township, you could pay more than the asking price. 84.2% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in West Windsor Township in November 2024, up by 26.7% month-over-month. Of the 19 sold homes, 5% were sold under asking, 11% were sold at asking, and 84% were sold over asking.

Days on Market for West Windsor Township, NJ

How long does it take to sell a home in West Windsor Township, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days30 Days+77.3%

Summary: Homes in West Windsor Township had an average of 30 days on market in Nov 2024, up by 77.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Windsor Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in West Windsor Township; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in West Windsor Township, NJ

Nearby Markets to West Windsor Township, NJ

What housing markets are near West Windsor Township, NJ?