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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilbur is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Wilbur is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wilbur, NJ

How much do homes in Wilbur, NJ cost?

Median Sold Price

$157,500

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,500(+19.3%)

Key Takeaway

Homes in Wilbur have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Wilbur was $157,500 in November 2024, up 19.3% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$125K
N/A
2 $130K-
N/A
3 $115K$137.5K
+19.6%
4 $173.7K$200K
+15.1%
5+ $150K$122.5K
-18.3%

Summary: Wilbur 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 did not change, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

East Trenton
+24.9%
Wilbur
+19.3%

Housing Supply in Wilbur, NJ

How many homes are available in Wilbur, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2317-26.1%

Summary: The Wilbur real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 149
-35.7%
4 65
-16.7%
5+ 11
0.0%

Summary: The Wilbur 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 35.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilbur, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wilbur in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
15 Days39 Days+163.3%

Summary: Homes in Wilbur had an average of 39 days on market in Nov 2024, up by 163.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Wilbur are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Wilbur; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Wilbur, NJ

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