Is Voorhees, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Voorhees is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Voorhees was a Seller's Market.

Key Takeaway

Voorhees is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Voorhees, NJ cost?

Median Sold Price

$386,250

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$2,916(-0.7%)

Key Takeaway

Homes in Voorhees have sold for 0.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $127.5K$140K
+9.8%
2 $165K$188K
+13.9%
3 $324.7K$323K
-0.5%
4 $465K$483K
+3.9%
5+ $645K$645K
0.0%

Median Sold Price Compared To Nearby Cities

Lindenwold
+16.9%
Gibbsboro
+15.9%
Evesham Township
+9.5%
Voorhees
-0.7%
Voorhees Township
-0.7%

How many homes are available in Voorhees, NJ?

Number of Homes For Sale

Dec 2022Jan 2023%
10585-19.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 911
+22.2%
2 64
-33.3%
3 3726
-29.7%
4 4337
-14.0%
5+ 107
-30.0%

Number of Homes Sold

Dec 2022Jan 2023%
2514-44.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Voorhees, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
17 Days26 Days+47.8%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Voorhees are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Voorhees, NJ

Voorhees, NJ has 85 homes on the market. In January 2023 in Voorhees, NJ there were 19% less homes for sale than in December 2022. In January 2023, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $386,250. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties became 9.8% more expensive, the cost of 2 bedrooms properties went up by 13.9%, prices of 3 bedrooms properties decreased by 0.5%, 4 bedrooms properties prices increased by 3.9%, 5 bedrooms properties prices did not change. This housing market inventory have changed: number of 1 bedroom homes increased by 22.2%, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes became 29.7% less available, 4 bedrooms homes inventory decreased by 14%, volume of 5 bedrooms homes went down by 30%. In January 2023, from all listings sold in Voorhees, NJ there were more than 7 sold above asking price, over 3 sold below and more than 4 were sold right at the asked price.

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