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 October 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

$890,500

$369/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$95,500(+12.0%)

Key Takeaway

Homes in West Windsor Township have sold for 12% more than they did a year ago.

Summary: The median home sold price in West Windsor Township was $890,500 in October 2024, up 12% from last year, and the median price per square foot was $369.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$325.4K
N/A
2 $430K$505K
+17.4%
3 $650K$719.9K
+10.8%
4 $950K$1.0M
+7.4%
5+ $999.9K$1.3M
+30.9%

Summary: West Windsor Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 30.9%.

Median Sold Price Compared To Nearby Cities

Plainsboro Township
+16.6%
Princeton Junction
+15.6%
Plainsboro
+14.4%
West Windsor Township
+12.0%
Cranbury
+5.0%

Housing Supply in West Windsor Township, NJ

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6567+3.1%

Summary: The West Windsor Township real estate market had 67 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 812
+50.0%
3 1417
+21.4%
4 2724
-11.1%
5+ 1614
-12.5%

Summary: The West Windsor 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 50%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in West Windsor Township in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
10 Days18 Days+75.2%

Summary: Homes in West Windsor Township had an average of 18 days on market in Oct 2024, up by 75.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 15 homes were sold in West Windsor Township; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% 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

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