Is White Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, White Township was a Seller's Market.
Key Takeaway
White Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in White Township, NJ
How much do homes in White Township, NJ cost?
Median Sold Price
$384,573
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in White Township have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in White Township was $384,573 in March 2024, up 9.6% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232.5K | $279.4K | +20.2% |
| 3 Bedrooms | $367.5K | $425K | +15.6% |
| 4 Bedrooms | $517.5K | $450K | -13.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: White Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Liberty Township | $397.5K | $489K | +23.0% |
| White Township | $350.7K | $384.5K | +9.6% |
| Belvidere | $315K | $345K | +9.5% |
| Oxford Township | $335K | $267.6K | -20.1% |
| Oxford | $335K | $267.6K | -20.1% |
Housing Supply in White Township, NJ
How many homes are available in White Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 35 | +52.2% |
Summary: The White Township real estate market had 35 homes for sale in March 2024, a 52.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The White Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in White Township in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for White Township, NJ
We’re sorry, we don't have information for this market at the moment
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 © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.