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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury Heights is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Woodbury Heights, NJ

How much do homes in Woodbury Heights, NJ cost?

Median Sold Price

$352,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,500(+13.7%)

Key Takeaway

Homes in Woodbury Heights have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Woodbury Heights was $352,500 in November 2024, up 13.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$200.5K
N/A
3 $295.5K$347K
+17.4%
4 $349.9K$376.5K
+7.6%
5+ $282K$375K
+33.0%

Summary: Woodbury Heights 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 17.4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 33%.

Median Sold Price Compared To Nearby Cities

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

Housing Supply in Woodbury Heights, NJ

How many homes are available in Woodbury Heights, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
129-25.0%

Summary: The Woodbury Heights real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 52
-60.0%
4 34
+33.3%
5+ 33
0.0%

Summary: The Woodbury Heights 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 decreased by 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Woodbury Heights in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Woodbury Heights, NJ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days62 Days+861.5%

Summary: Homes in Woodbury Heights had an average of 62 days on market in Nov 2024, up by 861.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Woodbury Heights has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Woodbury Heights; 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

Newest Listings in Woodbury Heights, NJ

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