Is 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, Deptford Township has remained a Seller's Market.
Housing Prices in Deptford Township, NJ
How much do homes in Deptford Township, NJ cost?
Median Sold Price
$309,900
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Deptford Township was $309,900 in April 2024, up 8.7% 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 | $115K | $112.5K | -2.2% |
2 Bedrooms | $260K | $275.1K | +5.8% |
3 Bedrooms | $285K | $290K | +1.8% |
4 Bedrooms | $325K | $365K | +12.3% |
5+ Bedrooms | $338K | $435K | +28.7% |
Summary: Deptford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 28.7%.
Median Sold Price Compared To Nearby Cities
Glendora | $273K | $297K | +8.8% |
Deptford Township | $285K | $309.9K | +8.7% |
Woodbury | $262.7K | $283.7K | +8.0% |
Housing Supply in Deptford Township, NJ
How many homes are available in Deptford Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 120 | +2.6% |
Summary: The Deptford Township real estate market had 120 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 22 | 24 | +9.1% |
3 Bedrooms | 59 | 63 | +6.8% |
4 Bedrooms | 32 | 28 | -12.5% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Deptford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 25 | -26.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Deptford Township in April 2024, down by 26.5% month-over-month. Of the 25 sold homes, 12% were sold under asking, 16% were sold at asking, and 72% were sold over asking.
Days on Market for Deptford Township, NJ
How long does it take to sell a home in Deptford Township, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 28 Days | +41.8% |
Summary: Homes in Deptford Township had an average of 28 days on market in Apr 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Deptford Township; 84% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.