Is Winslow 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, Winslow Township was a Seller's Market.
Key Takeaway
Winslow Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Winslow Township, NJ
How much do homes in Winslow Township, NJ cost?
Median Sold Price
$309,960
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winslow Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Winslow Township was $309,960 in May 2024, up 6.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $165K | +6.5% |
| 2 Bedrooms | $187.2K | $200K | +6.8% |
| 3 Bedrooms | $275K | $287K | +4.4% |
| 4 Bedrooms | $380K | $415.1K | +9.2% |
| 5+ Bedrooms | $389.9K | $387.5K | -0.6% |
Summary: Winslow Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Monroe Township | $292.8K | $320K | +9.3% |
| Williamstown | $288.9K | $315K | +9.0% |
| Winslow Township | $290K | $309.9K | +6.9% |
Housing Supply in Winslow Township, NJ
How many homes are available in Winslow Township, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 122 | 116 | -4.9% |
Summary: The Winslow Township real estate market had 116 homes for sale in May 2024, a 4.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 62 | 64 | +3.2% |
| 4 Bedrooms | 37 | 37 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Winslow Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 19 | -44.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winslow Township, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Winslow Township in May 2024, down by 44.1% month-over-month. Of the 19 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.
Days on Market for Winslow Township, NJ
How long does it take to sell a home in Winslow Township, NJ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +4.7% |
Summary: Homes in Winslow Township had an average of 32 days on market in May 2024, up by 4.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winslow Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Winslow Township; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.