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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Woodbury, NJ

How much do homes in Woodbury, NJ cost?

Median Sold Price

$319,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+18.6%)

Key Takeaway

Homes in Woodbury have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Woodbury was $319,000 in November 2024, up 18.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$160.5K
N/A
2 $235K$277.5K
+18.1%
3 $261K$310K
+18.8%
4 $345K$380K
+10.1%
5+ $385K$459.9K
+19.5%

Summary: Woodbury 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 increased by 18.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 19.5%.

Median Sold Price Compared To Nearby Cities

Woodbury
+18.6%
Woodbury Heights
+13.7%
Thorofare
+12.7%
Deptford Township
+8.3%
West Deptford Township
+5.0%

Housing Supply in Woodbury, NJ

How many homes are available in Woodbury, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
99103+4.0%

Summary: The Woodbury real estate market had 103 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1721
+23.5%
3 5355
+3.8%
4 2019
-5.0%
5+ 98
-11.1%

Summary: The Woodbury 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 increased by 23.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2324+4.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Woodbury in November 2024, up by 4.3% month-over-month. Of the 24 sold homes, 21% were sold under asking, 17% were sold at asking, and 63% were sold over asking.

Days on Market for Woodbury, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days26 Days+51.7%

Summary: Homes in Woodbury had an average of 26 days on market in Nov 2024, up by 51.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Woodbury; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% 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

Newest Listings in Woodbury, NJ

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