Is Williamstown, 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, Williamstown has remained a Seller's Market.
Housing Prices in Williamstown, NJ
How much do homes in Williamstown, NJ cost?
Median Sold Price
$305,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Williamstown was $305,000 in April 2024, up 6.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84K | $100K | +19.0% |
2 Bedrooms | $239K | $255K | +6.7% |
3 Bedrooms | $267.5K | $285K | +6.5% |
4 Bedrooms | $386K | $376.5K | -2.5% |
5+ Bedrooms | $522.5K | $507.5K | -2.9% |
Summary: Williamstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Franklin Township | $280K | $333K | +18.9% |
Monroe Township | $290K | $312.3K | +7.7% |
Williamstown | $285.3K | $305K | +6.9% |
Winslow Township | $290K | $309.9K | +6.9% |
Franklinville | $316K | $315K | -0.3% |
Housing Supply in Williamstown, NJ
How many homes are available in Williamstown, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
143 | 145 | +1.4% |
Summary: The Williamstown real estate market had 145 homes for sale in April 2024, a 1.4% 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 | 25 | 22 | -12.0% |
3 Bedrooms | 64 | 66 | +3.1% |
4 Bedrooms | 41 | 45 | +9.8% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Williamstown 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 12%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Williamstown in April 2024, the same as the previous month. Of the 31 sold homes, 26% were sold under asking, 26% were sold at asking, and 48% were sold over asking.
Days on Market for Williamstown, NJ
How long does it take to sell a home in Williamstown, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 20 Days | -41.9% |
Summary: Homes in Williamstown had an average of 20 days on market in Apr 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Williamstown; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.