Is Kingwood 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, Kingwood Township has remained a Seller's Market.
Key Takeaway
Kingwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingwood Township, NJ
How much do homes in Kingwood Township, NJ cost?
Median Sold Price
$599,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kingwood Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Kingwood Township was $599,000 in April 2024, up 2.4% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $324K | $419K | +29.3% |
| 3 Bedrooms | $500K | $490K | -2.0% |
| 4 Bedrooms | $660K | $660K | 0.0% |
| 5+ Bedrooms | $795K | $555K | -30.2% |
Summary: Kingwood Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 30.2%.
Median Sold Price Compared To Nearby Cities
| Frenchtown | $510K | $569K | +11.6% |
| Kingwood Township | $585K | $599K | +2.4% |
| Tinicum Township | $650K | $571K | -12.2% |
| Pipersville | $702.5K | $536.7K | -23.6% |
Housing Supply in Kingwood Township, NJ
How many homes are available in Kingwood Township, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Kingwood Township real estate market had 20 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kingwood 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingwood Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Kingwood Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Kingwood Township, NJ
We’re sorry, we don't have information for this market at the moment
