Is Woodbury, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Woodbury has remained a Seller's Market.
Housing Prices in Woodbury, NJ
How much do homes in Woodbury, NJ cost?
Median Sold Price
$283,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodbury was $283,750 in April 2024, up 8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $131K | -29.2% |
2 Bedrooms | $226.8K | $250K | +10.2% |
3 Bedrooms | $258.5K | $265K | +2.5% |
4 Bedrooms | $294.5K | $374.8K | +27.3% |
5+ Bedrooms | $295K | $392K | +32.9% |
Summary: Woodbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.2%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 32.9%.
Median Sold Price Compared To Nearby Cities
Thorofare | $260.5K | $310K | +19.0% |
West Deptford Township | $275.2K | $301.5K | +9.5% |
Deptford Township | $285K | $309.9K | +8.7% |
Woodbury | $262.7K | $283.7K | +8.0% |
Housing Supply in Woodbury, NJ
How many homes are available in Woodbury, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 117 | 0.0% |
Summary: The Woodbury real estate market had 117 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 19 | 19 | 0.0% |
3 Bedrooms | 63 | 61 | -3.2% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Woodbury housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 24 | -27.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Woodbury in April 2024, down by 27.3% month-over-month. Of the 24 sold homes, 4% were sold under asking, 17% were sold at asking, and 79% were sold over asking.
Days on Market for Woodbury, NJ
How long does it take to sell a home in Woodbury, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 19 Days | -32.2% |
Summary: Homes in Woodbury had an average of 19 days on market in Apr 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Woodbury; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.