Is Ewing Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Ewing Township has remained a Seller's Market.
Housing Prices in Ewing Township, NJ
How much do homes in Ewing Township, NJ cost?
Median Sold Price
$330,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Ewing Township was $330,000 in February 2024, up 10% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $185K | -71.5% |
2 Bedrooms | $245.2K | $255K | +4.0% |
3 Bedrooms | $302.5K | $350K | +15.7% |
4 Bedrooms | $336.5K | $350K | +4.0% |
5+ Bedrooms | $397.5K | $349.9K | -12.0% |
Summary: Ewing Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
Trenton | $210K | $300K | +42.9% |
Ewing Township | $300K | $330K | +10.0% |
Lawrence Township | $397.5K | $418.3K | +5.2% |
Washington Crossing | $774.5K | $722.3K | -6.7% |
Titusville | $583K | $530K | -9.1% |
Housing Supply in Ewing Township, NJ
How many homes are available in Ewing Township, NJ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
126 | 137 | +8.7% |
Summary: The Ewing Township real estate market had 137 homes for sale in February 2024, a 8.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 55 | 61 | +10.9% |
4 Bedrooms | 48 | 49 | +2.1% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ewing Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 23 | +76.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Ewing Township in February 2024, up by 76.9% month-over-month. Of the 23 sold homes, 39% were sold under asking, 17% were sold at asking, and 43% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 31 Days | -29.4% |
Summary: Homes in Ewing Township had an average of 31 days on market in Feb 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 23 homes were sold in Ewing Township; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.