$3,206 Closing Credit*
$270,000
1,312 SqFt
3 Beds
•1 Full Bath
Kyra L. Brinson, Listing Office: EXP Realty, LLC
Is Westville, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Westville has remained a Seller's Market.
Key Takeaway
Westville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westville, NJ
How much do homes in Westville, NJ cost?
Median Sold Price
$250,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,000(+2.0%)
Key Takeaway
Homes in Westville have sold for 2% more than they did a year ago.
Summary: The median home sold price in Westville was $250,000 in December 2024, up 2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.9K | $135K | +43.8% |
| 2 Bedrooms | $218.7K | $178.7K | -18.3% |
| 3 Bedrooms | $245K | $258.7K | +5.6% |
| 4 Bedrooms | $290K | $305K | +5.2% |
| 5+ Bedrooms | $1.6M | $315K | -80.7% |
Summary: Westville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.8%, 2 bedroom homes decreased by 18.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 80.7%.
Median Sold Price Compared To Nearby Cities
| Gloucester City | $200K | $225K | +12.5% |
| Bellmawr | $277.4K | $300K | +8.1% |
| West Deptford Township | $305K | $311.7K | +2.2% |
| Westville | $245K | $250K | +2.0% |
Housing Supply in Westville, NJ
How many homes are available in Westville, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Westville real estate market had 28 homes for sale in December 2024, a 3.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Westville housing inventory by bedroom type for December 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 15.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westville, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Westville in December 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Westville, NJ
How long does it take to sell a home in Westville, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 7 Days | 29 Days | +300.0% |
Summary: Homes in Westville had an average of 29 days on market in Dec 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Westville are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Westville; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
