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 October 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

$315,066

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,066(+17.1%)

Key Takeaway

Homes in Woodbury have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Woodbury was $315,066 in October 2024, up 17.1% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$160.5K
N/A
2 $242.5K$277.5K
+14.5%
3 $260.2K$300K
+15.3%
4 $322.5K$378K
+17.2%
5+ $385K$457.4K
+18.8%

Summary: Woodbury 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 increased by 14.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Cities

Woodbury
+17.1%
Thorofare
+16.1%
Woodbury Heights
+11.3%
West Deptford Township
+8.6%
Deptford Township
+8.0%

Housing Supply in Woodbury, NJ

How many homes are available in Woodbury, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
91101+11.0%

Summary: The Woodbury real estate market had 101 homes for sale in October 2024, a 11.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 5251
-1.9%
4 1722
+29.4%
5+ 812
+50.0%

Summary: The Woodbury 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 increased by 14.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2022+10.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 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. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Woodbury in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
20 Days23 Days+16.0%

Summary: Homes in Woodbury had an average of 23 days on market in Oct 2024, up by 16% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 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 October 2024, 22 homes were sold in Woodbury; 77% of homes were sold within 30 days, 18% 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 Woodbury, NJ

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