$7,244 Closing Credit*
$610,000
3,000 SqFt
4 Beds
•3 Full Baths, 1 Partial
Janina Theresa Carrasquillo, 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 October 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
$512,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$59,500(+13.1%)
Key Takeaway
Homes in Woolwich Township have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Woolwich Township was $512,500 in October 2024, up 13.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $355.5K | 0.1% |
| 3 Bedrooms | $385K | $406K | +5.5% |
| 4 Bedrooms | $545K | $570K | +4.6% |
| 5+ Bedrooms | $675K | $650K | -3.7% |
Summary: Woolwich Township 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 0.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Oldmans Township | $387.5K | $532.5K | +37.4% |
| Pedricktown | $387.5K | $532.5K | +37.4% |
| Logan Township | $300K | $350K | +16.7% |
| Woolwich Township | $453K | $512.5K | +13.1% |
| Swedesboro | $376.5K | $410K | +8.9% |
Housing Supply in Woolwich Township, NJ
How many homes are available in Woolwich Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Summary: The Woolwich Township real estate market had 35 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Woolwich Township 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 decreased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woolwich Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Woolwich Township in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 36 Days | +107.0% |
Summary: Homes in Woolwich Township had an average of 36 days on market in Oct 2024, up by 107% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 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 October 2024, 8 homes were sold in Woolwich Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
