Is West Deptford 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, West Deptford Township has remained a Seller's Market.
Housing Prices in West Deptford Township, NJ
How much do homes in West Deptford Township, NJ cost?
Median Sold Price
$301,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Deptford Township was $301,500 in April 2024, up 9.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $140K | +180.0% |
2 Bedrooms | $200K | $240K | +20.0% |
3 Bedrooms | $260K | $295K | +13.5% |
4 Bedrooms | $356.2K | $400K | +12.3% |
5+ Bedrooms | $361K | $365K | +1.1% |
Summary: West Deptford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 180%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Thorofare | $260.5K | $310K | +19.0% |
West Deptford Township | $275.2K | $301.5K | +9.5% |
Woodbury | $262.7K | $283.7K | +8.0% |
Housing Supply in West Deptford Township, NJ
How many homes are available in West Deptford Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 73 | -2.7% |
Summary: The West Deptford Township real estate market had 73 homes for sale in April 2024, a 2.7% decrease 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 | 11 | 12 | +9.1% |
3 Bedrooms | 41 | 40 | -2.4% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The West Deptford 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 increased by 9.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in West Deptford Township in April 2024, up by 7.1% month-over-month. Of the 15 sold homes, 13% were sold under asking, 33% were sold at asking, and 53% were sold over asking.
Days on Market for West Deptford Township, NJ
How long does it take to sell a home in West Deptford Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 26 Days | +35.6% |
Summary: Homes in West Deptford Township had an average of 26 days on market in Apr 2024, up by 35.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in West Deptford Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.