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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlynne is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Woodlynne was a Seller's Market.

Key Takeaway

Woodlynne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Woodlynne, NJ

How much do homes in Woodlynne, NJ cost?

Median Sold Price

$237,500

$212/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,500(+34.2%)

Key Takeaway

Homes in Woodlynne have sold for 34.2% more than they did a month ago.

Summary: The median home sold price in Woodlynne was $237,500 in November 2024, up 34.2% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $176K$185K
+5.1%
3 $193.5K-
N/A
4 -$290K
N/A
5+ --
N/A

Summary: Woodlynne housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodlynne, NJ

How many homes are available in Woodlynne, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1517+13.3%

Summary: The Woodlynne real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 34
+33.3%
4 44
0.0%
5+ 00
0.0%

Summary: The Woodlynne 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 12.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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 2 homes were sold or pending in Woodlynne in November 2024, down by 33.3% month-over-month. Of the 2 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 2024Nov 2024CHANGE
15 Days9 Days-42.6%

Summary: Homes in Woodlynne had an average of 9 days on market in Nov 2024, down by 42.6% compared to last month.

Breakdown of Home Sale Times

2 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 November 2024, 2 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 29 Days Ago

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