Is Winslow 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, Winslow Township was a Seller's Market.
Key Takeaway
Winslow Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Winslow Township, NJ
How much do homes in Winslow Township, NJ cost?
Median Sold Price
$309,950
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winslow Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Winslow Township was $309,950 in March 2024, up 8.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $162.5K | +7.6% |
| 2 Bedrooms | $163.8K | $193K | +17.8% |
| 3 Bedrooms | $276.9K | $285K | +2.9% |
| 4 Bedrooms | $385K | $392.5K | +1.9% |
| 5+ Bedrooms | $389.9K | $404K | +3.6% |
Summary: Winslow Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Monroe Township | $288.7K | $315K | +9.1% |
| Winslow Township | $286.7K | $309.9K | +8.1% |
| Williamstown | $285K | $301K | +5.6% |
Housing Supply in Winslow Township, NJ
How many homes are available in Winslow Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 205 | 208 | +1.5% |
Summary: The Winslow Township real estate market had 208 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 31 | 31 | 0.0% |
| 3 Bedrooms | 96 | 101 | +5.2% |
| 4 Bedrooms | 68 | 65 | -4.4% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Winslow Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winslow Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Winslow Township in March 2024, down by 21.4% month-over-month. Of the 22 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for Winslow Township, NJ
How long does it take to sell a home in Winslow Township, NJ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 19 Days | -15.7% |
Summary: Homes in Winslow Township had an average of 19 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winslow Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in Winslow Township; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.