Is Williamstown, 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, Williamstown was a Seller's Market.
Housing Prices in Williamstown, NJ
How much do homes in Williamstown, NJ cost?
Median Sold Price
$301,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Williamstown was $301,000 in March 2024, up 5.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84K | $100K | +19.0% |
2 Bedrooms | $225K | $258.3K | +14.8% |
3 Bedrooms | $265K | $285K | +7.5% |
4 Bedrooms | $388K | $378.5K | -2.4% |
5+ Bedrooms | $545K | $500K | -8.3% |
Summary: Williamstown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
Franklin Township | $290K | $325K | +12.1% |
Monroe Township | $288.7K | $315K | +9.1% |
Winslow Township | $286.7K | $309.9K | +8.1% |
Williamstown | $285K | $301K | +5.6% |
Franklinville | $319K | $305K | -4.4% |
Housing Supply in Williamstown, NJ
How many homes are available in Williamstown, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
190 | 204 | +7.4% |
Summary: The Williamstown real estate market had 204 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 28 | 31 | +10.7% |
3 Bedrooms | 101 | 96 | -5.0% |
4 Bedrooms | 52 | 62 | +19.2% |
5+ Bedrooms | 7 | 13 | +85.7% |
Summary: The Williamstown 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 10.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 85.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 27 | -12.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Williamstown in March 2024, down by 12.9% month-over-month. Of the 27 sold homes, 30% were sold under asking, 33% were sold at asking, and 37% were sold over asking.
Days on Market for Williamstown, NJ
How long does it take to sell a home in Williamstown, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 26 Days | -15.3% |
Summary: Homes in Williamstown had an average of 26 days on market in Mar 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Williamstown; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.