Is Wantage Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Wantage Township was a Seller's Market.
Housing Prices in Wantage Township, NJ
How much do homes in Wantage Township, NJ cost?
Median Sold Price
$419,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Wantage Township was $419,500 in February 2024, up 11.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $500K | - | N/A |
2 Bedrooms | $249.9K | $260K | +4.0% |
3 Bedrooms | $359.9K | $378K | +5.0% |
4 Bedrooms | $505K | $525K | +4.0% |
5+ Bedrooms | $947.5K | $552.5K | -41.7% |
Summary: Wantage Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 41.7%.
Median Sold Price Compared To Nearby Cities
Vernon Township | $276.3K | $310.5K | +12.4% |
Wantage Township | $375K | $419.5K | +11.9% |
Hardyston Township | $340K | $377.5K | +11.0% |
Sussex | $350.5K | $378K | +7.8% |
Housing Supply in Wantage Township, NJ
How many homes are available in Wantage Township, NJ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 42 | +16.7% |
Summary: The Wantage Township real estate market had 42 homes for sale in February 2024, a 16.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Wantage 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 20%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Wantage Township in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Wantage Township, NJ
We’re sorry, we don't have information for this market at the moment