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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlynne is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Woodlynne, NJ

How much do homes in Woodlynne, NJ cost?

Median Sold Price

$195,250

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,250(+22.0%)

Key Takeaway

Homes in Woodlynne have sold for 22% more than they did a year ago.

Summary: The median home sold price in Woodlynne was $195,250 in October 2024, up 22% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $135K$176K
+30.4%
3 $185K$198.5K
+7.3%
4 $140.2K$229.9K
+63.9%
5+ $275K$265K
-3.6%

Summary: Woodlynne 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 30.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes decreased by 3.6%.

Median Sold Price Compared To Nearby Cities

Camden
+28.0%
Woodlynne
+22.0%
Collingswood
+8.0%

Housing Supply in Woodlynne, NJ

How many homes are available in Woodlynne, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1317+30.8%

Summary: The Woodlynne real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 45
+25.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Woodlynne 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 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodlynne, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Woodlynne in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Woodlynne, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days15 Days-27.1%

Summary: Homes in Woodlynne had an average of 15 days on market in Oct 2024, down by 27.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Woodlynne; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Woodlynne, NJ

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