Is East Windsor Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Windsor Township was a Buyer's Market.
Key Takeaway
East Windsor 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 East Windsor Township, NJ
How much do homes in East Windsor Township, NJ cost?
Median Sold Price
$410,150
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Windsor Township have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in East Windsor Township was $410,150 in March 2024, down 1.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $186K | +20.0% |
| 2 Bedrooms | $268.5K | $310K | +15.5% |
| 3 Bedrooms | $395K | $415K | +5.1% |
| 4 Bedrooms | $564K | $580K | +2.8% |
| 5+ Bedrooms | $753.2K | $727.5K | -3.4% |
Summary: East Windsor Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Plainsboro Township | $530K | $565K | +6.6% |
| East Windsor Township | $415K | $410.1K | -1.2% |
| Cranbury | $629K | $610K | -3.0% |
| Cranbury Township | $816K | $770K | -5.6% |
| Hightstown | $402.5K | $359.5K | -10.7% |
Housing Supply in East Windsor Township, NJ
How many homes are available in East Windsor Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 | 98 | 0.0% |
Summary: The East Windsor Township real estate market had 98 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 38 | 36 | -5.3% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The East Windsor Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Windsor Township, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in East Windsor Township in March 2024, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 6% were sold at asking, and 69% were sold over asking.
Days on Market for East Windsor Township, NJ
How long does it take to sell a home in East Windsor Township, NJ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 25 Days | -13.7% |
Summary: Homes in East Windsor Township had an average of 25 days on market in Mar 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Windsor Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in East Windsor Township; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.