Is Wilbur, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilbur is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wilbur was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wilbur, NJ

How much do homes in Wilbur, NJ cost?

Median Sold Price

$160,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,000(+21.2%)

Key Takeaway

Homes in Wilbur have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Wilbur was $160,000 in October 2024, up 21.2% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$125K
N/A
2 $130K-
N/A
3 $117K$152.5K
+30.3%
4 $167.5K$205.5K
+22.7%
5+ $150K$122.5K
-18.3%

Summary: Wilbur 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 did not change, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

East Trenton
+36.8%
Wilbur
+21.2%
Villa Park
+7.1%

Housing Supply in Wilbur, NJ

How many homes are available in Wilbur, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2022+10.0%

Summary: The Wilbur real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1113
+18.2%
4 66
0.0%
5+ 11
0.0%

Summary: The Wilbur 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilbur, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Wilbur in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Wilbur, NJ

How long does it take to sell a home in Wilbur, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days31 Days+101.6%

Summary: Homes in Wilbur had an average of 31 days on market in Oct 2024, up by 101.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Wilbur; 40% of homes were sold within 30 days, 40% 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 16 Days Ago

Newest Listings in Wilbur, NJ

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