Is Wildwood Crest, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wildwood Crest is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wildwood Crest was a Buyer's Market.

Key Takeaway

Wildwood Crest 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 Crest, NJ

How much do homes in Wildwood Crest, NJ cost?

Median Sold Price

$850,000

$236/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$400,001(+88.9%)

Key Takeaway

Homes in Wildwood Crest have sold for 88.9% more than they did a month ago.

Summary: The median home sold price in Wildwood Crest was $850,000 in November 2024, up 88.9% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $449.9K-
N/A
3 -$850K
N/A
4 --
N/A
5+ --
N/A

Summary: Wildwood Crest housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wildwood Crest
+88.9%
Lower Township
-29.7%

Housing Supply in Wildwood Crest, NJ

How many homes are available in Wildwood Crest, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The Wildwood Crest real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 23
+50.0%
3 24
+100.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Wildwood Crest housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Wildwood Crest, 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 Wildwood Crest in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wildwood Crest, NJ

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

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days120 Days+1105.0%

Summary: Homes in Wildwood Crest had an average of 120 days on market in Nov 2024, up by 1105% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wildwood Crest has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Wildwood Crest; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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