Is Ewing Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ewing Township was a Seller's Market.
Housing Prices in Ewing Township, NJ
How much do homes in Ewing Township, NJ cost?
Median Sold Price
$340,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ewing Township was $340,000 in May 2024, up 11.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $185K | -71.5% |
2 Bedrooms | $260K | $270K | +3.8% |
3 Bedrooms | $313.5K | $350K | +11.6% |
4 Bedrooms | $330.7K | $365K | +10.4% |
5+ Bedrooms | $405K | $360K | -11.1% |
Summary: Ewing Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.5%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 11.1%.
Median Sold Price Compared To Nearby Cities
Trenton | $243.7K | $310K | +27.2% |
Ewing Township | $305K | $340K | +11.5% |
Lawrence Township | $404K | $434K | +7.4% |
Washington Crossing | $750K | $725K | -3.3% |
Titusville | $555K | $530K | -4.5% |
Housing Supply in Ewing Township, NJ
How many homes are available in Ewing Township, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
104 | 127 | +22.1% |
Summary: The Ewing Township real estate market had 127 homes for sale in May 2024, a 22.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 41 | 48 | +17.1% |
4 Bedrooms | 40 | 52 | +30.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Ewing Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 12 | -45.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Ewing Township in May 2024, down by 45.5% month-over-month. Of the 12 sold homes, 8% were sold under asking, 17% were sold at asking, and 75% were sold over asking.
Days on Market for Ewing Township, NJ
How long does it take to sell a home in Ewing Township, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 10 Days | -46.7% |
Summary: Homes in Ewing Township had an average of 10 days on market in May 2024, down by 46.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Ewing Township; 92% 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.