Is Ewing Township, 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, Ewing Township has remained a Seller's Market.
Housing Prices in Ewing Township, NJ
How much do homes in Ewing Township, NJ cost?
Median Sold Price
$337,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ewing Township was $337,000 in April 2024, up 11.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $185K | -71.5% |
2 Bedrooms | $255K | $267K | +4.7% |
3 Bedrooms | $311.2K | $350K | +12.4% |
4 Bedrooms | $330.7K | $360.5K | +9.0% |
5+ Bedrooms | $397.5K | $372K | -6.4% |
Summary: Ewing Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.5%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Cities
Trenton | $232.5K | $307.7K | +32.3% |
Ewing Township | $302.2K | $337K | +11.5% |
Lawrence Township | $400K | $429.9K | +7.5% |
Titusville | $586.5K | $515K | -12.2% |
Housing Supply in Ewing Township, NJ
How many homes are available in Ewing Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 102 | +1.0% |
Summary: The Ewing Township real estate market had 102 homes for sale in April 2024, a 1.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 16 | -11.1% |
3 Bedrooms | 46 | 41 | -10.9% |
4 Bedrooms | 31 | 37 | +19.4% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Ewing Township 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 decreased by 11.1%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 22 | -21.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Ewing Township in April 2024, down by 21.4% month-over-month. Of the 22 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Ewing Township, NJ
How long does it take to sell a home in Ewing Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 42 Days | -1.5% |
Summary: Homes in Ewing Township had an average of 42 days on market in Apr 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Ewing Township; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.