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 buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Wildwood Crest, NJ

How much do homes in Wildwood Crest, NJ cost?

Median Sold Price

$449,999

$572/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$50,001(-10.0%)

Key Takeaway

Homes in Wildwood Crest have sold for 10% less than they did a month ago.

Summary: The median home sold price in Wildwood Crest was $449,999 in October 2024, down 10% from last month, and the median price per square foot was $572.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $287.5K-
N/A
2 $330K$449.9K
+36.4%
3 $500K-
N/A
4 --
N/A
5+ $670K-
N/A

Summary: Wildwood Crest housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wildwood Crest, NJ

How many homes are available in Wildwood Crest, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1612-25.0%

Summary: The Wildwood Crest real estate market had 12 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 22
0.0%
3 52
-60.0%
4 33
0.0%
5+ 32
-33.3%

Summary: The Wildwood Crest 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 decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wildwood Crest, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Wildwood Crest in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Sep 2024Oct 2024CHANGE
133 Days10 Days-92.5%

Summary: Homes in Wildwood Crest had an average of 10 days on market in Oct 2024, down by 92.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Wildwood Crest; 100% of homes were sold within 30 days, 0% 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

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