$3,681 Closing Credit*
$310,000
1,200 SqFt
3 Beds
•1 Full Bath
Christine Peyton, Listing Office: Prime Realty Partners
Is Swedesboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Swedesboro has remained a Seller's Market.
Key Takeaway
Swedesboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swedesboro, NJ
How much do homes in Swedesboro, NJ cost?
Median Sold Price
$412,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$37,500(+10.0%)
Key Takeaway
Homes in Swedesboro have sold for 10% more than they did a year ago.
Summary: The median home sold price in Swedesboro was $412,500 in September 2024, up 10% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $305K | +3.4% |
| 3 Bedrooms | $325K | $348.7K | +7.3% |
| 4 Bedrooms | $516K | $550K | +6.6% |
| 5+ Bedrooms | $630K | $650K | +3.2% |
Summary: Swedesboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Woolwich Township | $450K | $510K | +13.3% |
| Swedesboro | $375K | $412.5K | +10.0% |
Housing Supply in Swedesboro, NJ
How many homes are available in Swedesboro, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 80 | 75 | -6.3% |
Summary: The Swedesboro real estate market had 75 homes for sale in September 2024, a 6.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 35 | 39 | +11.4% |
| 4 Bedrooms | 37 | 24 | -35.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Swedesboro housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 35.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 28 | 19 | -32.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swedesboro, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Swedesboro in September 2024, down by 32.1% month-over-month. Of the 19 sold homes, 16% were sold under asking, 16% were sold at asking, and 68% were sold over asking.
Days on Market for Swedesboro, NJ
How long does it take to sell a home in Swedesboro, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 23 Days | +22.2% |
Summary: Homes in Swedesboro had an average of 23 days on market in Sep 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Swedesboro are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 19 homes were sold in Swedesboro; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
