Is Woodbury, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Woodbury has remained a Seller's Market.

Key Takeaway

Woodbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodbury, NJ

How much do homes in Woodbury, NJ cost?

Median Sold Price

$315,100

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$50,100(+18.9%)

Key Takeaway

Homes in Woodbury have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in Woodbury was $315,100 in September 2024, up 18.9% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$190K
N/A
2 $235K$285K
+21.3%
3 $260.2K$295K
+13.4%
4 $305K$385K
+26.2%
5+ $385K$420K
+9.1%

Summary: Woodbury housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Thorofare
+23.2%
Woodbury
+18.9%
West Deptford Township
+14.0%
Woodbury Heights
+12.3%
Deptford Township
+10.2%

Housing Supply in Woodbury, NJ

How many homes are available in Woodbury, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
10899-8.3%

Summary: The Woodbury real estate market had 99 homes for sale in September 2024, a 8.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1819
+5.6%
3 6151
-16.4%
4 2020
0.0%
5+ 99
0.0%

Summary: The Woodbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3418-47.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Woodbury in September 2024, down by 47.1% month-over-month. Of the 18 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
21 Days22 Days+6.8%

Summary: Homes in Woodbury had an average of 22 days on market in Sep 2024, up by 6.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodbury are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 18 homes were sold in Woodbury; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Woodbury, NJ

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