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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbine is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Woodbine was a Neutral Market.

Key Takeaway

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

Housing Prices in Woodbine, NJ

How much do homes in Woodbine, NJ cost?

Median Sold Price

$418,750

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$88,750(+26.9%)

Key Takeaway

Homes in Woodbine have sold for 26.9% more than they did a year ago.

Summary: The median home sold price in Woodbine was $418,750 in November 2024, up 26.9% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$195K
N/A
3 $275K$437.5K
+59.1%
4 $332.5K$584.9K
+75.9%
5+ -$402.5K
N/A

Summary: Woodbine 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 59.1%, 4 bedroom homes increased by 75.9%, and 5+ bedroom homes did not change.

Housing Supply in Woodbine, NJ

How many homes are available in Woodbine, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The Woodbine real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 67
+16.7%
5+ 12
+100.0%

Summary: The Woodbine 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 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

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 Woodbine, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Woodbine in November 2024, down by 66.7% 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 Woodbine, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days70 Days+438.5%

Summary: Homes in Woodbine had an average of 70 days on market in Nov 2024, up by 438.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Woodbine has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Woodbine; 0% of homes were sold within 30 days, 100% 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

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