$5,166 Closing Credit*
$435,000
728 SqFt
2 Beds
•1 Full Bath
Jacqueline M Silva, Listing Office: OCF Realty LLC - Philadelphia
Is Wildwood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wildwood was a Seller's Market.
Key Takeaway
Wildwood 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 Wildwood, NJ
How much do homes in Wildwood, NJ cost?
Median Sold Price
$540,000
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+18.7%)
Key Takeaway
Homes in Wildwood have sold for 18.7% more than they did a year ago.
Summary: The median home sold price in Wildwood was $540,000 in October 2024, up 18.7% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $284K | +1.4% |
| 2 Bedrooms | $355K | $370.7K | +4.4% |
| 3 Bedrooms | $553K | $571K | +3.3% |
| 4 Bedrooms | $599K | $739.9K | +23.5% |
| 5+ Bedrooms | $847.9K | $1.1M | +32.7% |
Summary: Wildwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
| North Wildwood | $340K | $470K | +38.2% |
| Middle Township | $367.4K | $452.4K | +23.1% |
| Wildwood | $455K | $540K | +18.7% |
Housing Supply in Wildwood, NJ
How many homes are available in Wildwood, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 69 | 0.0% |
Summary: The Wildwood real estate market had 69 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 15 | +36.4% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Wildwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wildwood, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Wildwood in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.
Days on Market for Wildwood, NJ
How long does it take to sell a home in Wildwood, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 19 Days | -54.0% |
Summary: Homes in Wildwood had an average of 19 days on market in Oct 2024, down by 54% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wildwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Wildwood; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.