Is Ewing Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$335,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ewing Township was $335,000 in March 2024, up 11.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $185K | -71.5% |
2 Bedrooms | $252.5K | $262.5K | +4.0% |
3 Bedrooms | $303.7K | $350K | +15.2% |
4 Bedrooms | $333.2K | $348.7K | +4.7% |
5+ Bedrooms | $397.5K | $360K | -9.4% |
Summary: Ewing Township housing prices by bedroom type for March 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 15.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
Trenton | $225K | $300K | +33.3% |
Ewing Township | $300K | $335K | +11.7% |
Lawrence Township | $400K | $424.8K | +6.2% |
Washington Crossing | $769K | $724.8K | -5.7% |
Titusville | $569K | $525K | -7.7% |
Housing Supply in Ewing Township, NJ
How many homes are available in Ewing Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
137 | 142 | +3.6% |
Summary: The Ewing Township real estate market had 142 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 62 | 63 | +1.6% |
4 Bedrooms | 48 | 47 | -2.1% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Ewing Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Ewing Township in March 2024, up by 4.3% month-over-month. Of the 23 sold homes, 30% were sold under asking, 13% were sold at asking, and 57% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 36 Days | -28.9% |
Summary: Homes in Ewing Township had an average of 36 days on market in Mar 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Ewing Township; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.