$7,113 Closing Credit*
$599,000
3,250 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michelle Greco, Listing Office: EXP Realty, LLC
Is Woolwich Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Woolwich Township has remained a Seller's Market.
Key Takeaway
Woolwich Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woolwich Township, NJ
How much do homes in Woolwich Township, NJ cost?
Median Sold Price
$499,999
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,999(+4.2%)
Key Takeaway
Homes in Woolwich Township have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Woolwich Township was $499,999 in November 2024, up 4.2% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $352.5K | $378K | +7.2% |
| 3 Bedrooms | $388.5K | $405K | +4.2% |
| 4 Bedrooms | $550K | $568.5K | +3.4% |
| 5+ Bedrooms | $675K | $652K | -3.4% |
Summary: Woolwich Township 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 7.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Oldmans Township | $390K | $574.9K | +47.4% |
| Pedricktown | $390K | $574.9K | +47.4% |
| Logan Township | $300K | $360K | +20.0% |
| Swedesboro | $380K | $410K | +7.9% |
| Woolwich Township | $480K | $499.9K | +4.2% |
Housing Supply in Woolwich Township, NJ
How many homes are available in Woolwich Township, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Woolwich Township real estate market had 41 homes for sale in November 2024, a 7.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Woolwich Township 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 5.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woolwich Township, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Woolwich Township in November 2024, up by 87.5% month-over-month. Of the 15 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for Woolwich Township, NJ
How long does it take to sell a home in Woolwich Township, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +4.3% |
Summary: Homes in Woolwich Township had an average of 27 days on market in Nov 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woolwich Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Woolwich Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
