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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodstown is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Woodstown was a Seller's Market.

Key Takeaway

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

Housing Prices in Woodstown, NJ

How much do homes in Woodstown, NJ cost?

Median Sold Price

$365,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$92,500(+33.9%)

Key Takeaway

Homes in Woodstown have sold for 33.9% more than they did a year ago.

Summary: The median home sold price in Woodstown was $365,000 in September 2024, up 33.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $70K-
N/A
2 $142.5K$295K
+107.0%
3 $252.4K$330K
+30.7%
4 $315K$405K
+28.6%
5+ $308K$595K
+93.2%

Summary: Woodstown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 107%, 3 bedroom homes increased by 30.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 93.2%.

Median Sold Price Compared To Nearby Cities

Woodstown
+33.9%
Pilesgrove Township
+3.0%

Housing Supply in Woodstown, NJ

How many homes are available in Woodstown, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2324+4.3%

Summary: The Woodstown real estate market had 24 homes for sale in September 2024, a 4.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1210
-16.7%
4 67
+16.7%
5+ 25
+150.0%

Summary: The Woodstown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstown, 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 Woodstown in September 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Woodstown, NJ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
57 Days23 Days-58.8%

Summary: Homes in Woodstown had an average of 23 days on market in Sep 2024, down by 58.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Woodstown; 50% of homes were sold within 30 days, 50% 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

Newest Listings in Woodstown, NJ

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