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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamstown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Williamstown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Williamstown, NJ

How much do homes in Williamstown, NJ cost?

Median Sold Price

$326,666

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,798(+10.4%)

Key Takeaway

Homes in Williamstown have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Williamstown was $326,666 in October 2024, up 10.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$140.7K
+40.8%
2 $265K$285K
+7.5%
3 $280K$310K
+10.7%
4 $391.5K$397.4K
+1.5%
5+ $525K$575K
+9.5%

Summary: Williamstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.8%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+18.6%
Monroe Township
+13.3%
Williamstown
+10.4%
Winslow Township
+10.2%
Franklinville
+9.7%

Housing Supply in Williamstown, NJ

How many homes are available in Williamstown, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144161+11.8%

Summary: The Williamstown real estate market had 161 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2722
-18.5%
3 7581
+8.0%
4 3751
+37.8%
5+ 57
+40.0%

Summary: The Williamstown 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 decreased by 18.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3239+21.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamstown, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Williamstown in October 2024, up by 21.9% month-over-month. Of the 39 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.

Days on Market for Williamstown, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days26 Days-30.2%

Summary: Homes in Williamstown had an average of 26 days on market in Oct 2024, down by 30.2% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 39 homes were sold in Williamstown; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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 Williamstown, NJ

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