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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury Heights is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Woodbury Heights was a Seller's Market.

Key Takeaway

Woodbury Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Woodbury Heights, NJ

How much do homes in Woodbury Heights, NJ cost?

Median Sold Price

$372,500

$191/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$25,000(+7.2%)

Key Takeaway

Homes in Woodbury Heights have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Woodbury Heights was $372,500 in April 2024, up 7.2% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$372.5K
N/A
4 $335K-
N/A
5+ $360K-
N/A

Summary: Woodbury Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodbury Heights, NJ

How many homes are available in Woodbury Heights, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
813+62.5%

Summary: The Woodbury Heights real estate market had 13 homes for sale in April 2024, a 62.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 25
+150.0%
4 46
+50.0%
5+ 10
-100.0%

Summary: The Woodbury Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Woodbury Heights in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Woodbury Heights, NJ

How long does it take to sell a home in Woodbury Heights, NJ?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days16 Days+23.1%

Summary: Homes in Woodbury Heights had an average of 16 days on market in Apr 2024, up by 23.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Woodbury Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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