$8,016 Closing Credit*
$675,000
4,100 SqFt
5 Beds
•3 Full Baths
Listing Office: Keller Williams Realty Jersey Shore-Ocean City
Is Woodbine, 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, 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
$402,500
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,500(+23.8%)
Key Takeaway
Homes in Woodbine have sold for 23.8% more than they did a year ago.
Summary: The median home sold price in Woodbine was $402,500 in October 2024, up 23.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $273.5K | $435K | +59.0% |
| 4 Bedrooms | $330K | $584.9K | +77.3% |
| 5+ Bedrooms | - | $402.5K | N/A |
Summary: Woodbine housing prices by bedroom type for October 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%, 4 bedroom homes increased by 77.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Woodbine | $325K | $402.5K | +23.8% |
| Ocean View | $500K | $530K | +6.0% |
Housing Supply in Woodbine, NJ
How many homes are available in Woodbine, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Woodbine real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Woodbine 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbine, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Woodbine in October 2024, down by 40.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 158 Days | 24 Days | -84.6% |
Summary: Homes in Woodbine had an average of 24 days on market in Oct 2024, down by 84.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbine are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Woodbine; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.