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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodstown is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Woodstown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodstown, NJ

How much do homes in Woodstown, NJ cost?

Median Sold Price

$371,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$91,000(+32.5%)

Key Takeaway

Homes in Woodstown have sold for 32.5% more than they did a year ago.

Summary: The median home sold price in Woodstown was $371,000 in November 2024, up 32.5% 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 $152K$275K
+80.9%
3 $247.5K$345K
+39.4%
4 $315K$405K
+28.6%
5+ $401.5K$477.5K
+18.9%

Summary: Woodstown 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 increased by 80.9%, 3 bedroom homes increased by 39.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Woodstown
+32.5%
Pilesgrove Township
-1.1%

Housing Supply in Woodstown, NJ

How many homes are available in Woodstown, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2928-3.4%

Summary: The Woodstown real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1214
+16.7%
4 87
-12.5%
5+ 54
-20.0%

Summary: The Woodstown 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 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Woodstown in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
30 Days39 Days+26.6%

Summary: Homes in Woodstown had an average of 39 days on market in Nov 2024, up by 26.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 6 homes were sold in Woodstown; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in Woodstown, NJ

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