$2,850 Closing Credit*
$240,000
1,304 SqFt
4 Beds
•2 Full Baths
Parisha Smith, Listing Office: Keller Williams Realty - Moorestown
Is Westville, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Westville was a Seller's Market.
Key Takeaway
Westville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Westville, NJ
How much do homes in Westville, NJ cost?
Median Sold Price
$245,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$5,000(+2.1%)
Key Takeaway
Homes in Westville have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Westville was $245,000 in September 2024, up 2.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.2K | $135K | +46.3% |
| 2 Bedrooms | $210K | $170K | -19.0% |
| 3 Bedrooms | $238.5K | $258.7K | +8.5% |
| 4 Bedrooms | $290K | $302.5K | +4.3% |
| 5+ Bedrooms | $1.6M | $315K | -80.7% |
Summary: Westville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.3%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 80.7%.
Median Sold Price Compared To Nearby Cities
| West Deptford Township | $279K | $317.9K | +14.0% |
| Bellmawr | $265K | $300K | +13.2% |
| Gloucester City | $199.9K | $219K | +9.6% |
| Brooklawn | $199.9K | $210K | +5.0% |
| Westville | $240K | $245K | +2.1% |
Housing Supply in Westville, NJ
How many homes are available in Westville, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Westville real estate market had 25 homes for sale in September 2024, a 16.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Westville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Westville in September 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 25 Days | 25 Days | -0.7% |
Summary: Homes in Westville had an average of 25 days on market in Sep 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westville are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Westville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
