Is Willingboro Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Willingboro Township has remained a Seller's Market.
Key Takeaway
Willingboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willingboro Township, NJ
How much do homes in Willingboro Township, NJ cost?
Median Sold Price
$330,478
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Willingboro Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Willingboro Township was $330,478 in May 2024, up 6.9% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $238K | N/A |
| 2 Bedrooms | $183.9K | $220K | +19.6% |
| 3 Bedrooms | $290K | $320K | +10.3% |
| 4 Bedrooms | $319.2K | $349.9K | +9.6% |
| 5+ Bedrooms | $392.5K | $402K | +2.4% |
Summary: Willingboro Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Edgewater Park Township | $261.5K | $325K | +24.3% |
| Riverside | $308K | $340.3K | +10.5% |
| Delanco Township | $302.2K | $333.7K | +10.4% |
| Willingboro | $308.7K | $330.4K | +7.0% |
| Willingboro Township | $309.1K | $330.4K | +6.9% |
Housing Supply in Willingboro Township, NJ
How many homes are available in Willingboro Township, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 140 | 136 | -2.9% |
Summary: The Willingboro Township real estate market had 136 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 57 | 55 | -3.5% |
| 4 Bedrooms | 64 | 64 | 0.0% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Willingboro Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willingboro Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Willingboro Township in May 2024, down by 14.3% month-over-month. Of the 24 sold homes, 21% were sold under asking, 17% were sold at asking, and 63% were sold over asking.
Days on Market for Willingboro Township, NJ
How long does it take to sell a home in Willingboro Township, NJ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 37 Days | +2.6% |
Summary: Homes in Willingboro Township had an average of 37 days on market in May 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willingboro Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 24 homes were sold in Willingboro Township; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.