Is Washington Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Washington Township has remained a Buyer's Market.
Key Takeaway
Washington Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Washington Township, NJ cost?
Median Sold Price
$602,700
-
Based on all homes sold in January 2023.
Difference Since Last Month
-$37,300(-5.8%)
Key Takeaway
Homes in Washington Township have sold for 5.8% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $295K | +55.3% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $640K | $602.7K | -5.8% |
| 5+ Bedrooms | $790K | $757K | -4.2% |
Median Sold Price Compared To Nearby Cities
| Chester Township | $605K | $650K | +7.4% |
| Port Murray | $512.5K | $516.5K | +0.8% |
| Long Valley | $705K | $679.8K | -3.6% |
| Washington Township | $640K | $602.7K | -5.8% |
| Mansfield Township | $433.5K | $385K | -11.2% |
How many homes are available in Washington Township, NJ?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 36 | 38 | +5.6% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Information deemed reliable but not guaranteed. Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2023 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.