Is East Windsor 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, East Windsor Township has remained a Seller's Market.
Housing Prices in East Windsor Township, NJ
How much do homes in East Windsor Township, NJ cost?
Median Sold Price
$419,933
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Windsor Township was $419,933 in May 2024, up 5% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160.5K | $187K | +16.5% |
2 Bedrooms | $260K | $308.7K | +18.8% |
3 Bedrooms | $392.5K | $420K | +7.0% |
4 Bedrooms | $561.5K | $602.5K | +7.3% |
5+ Bedrooms | $752.9K | $690K | -8.4% |
Summary: East Windsor Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
Plainsboro Township | $530.2K | $595.5K | +12.3% |
East Windsor Township | $400K | $419.9K | +5.0% |
Cranbury | $610K | $640K | +4.9% |
Cranbury Township | $800K | $812K | +1.5% |
Hightstown | $402.5K | $397K | -1.4% |
Housing Supply in East Windsor Township, NJ
How many homes are available in East Windsor Township, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 87 | +10.1% |
Summary: The East Windsor Township real estate market had 87 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 19 | 26 | +36.8% |
3 Bedrooms | 30 | 28 | -6.7% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The East Windsor Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 36.8%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in East Windsor Township in May 2024, down by 9.5% month-over-month. Of the 19 sold homes, 11% were sold under asking, 5% were sold at asking, and 84% were sold over asking.
Days on Market for East Windsor Township, NJ
How long does it take to sell a home in East Windsor Township, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 16 Days | -32.8% |
Summary: Homes in East Windsor Township had an average of 16 days on market in May 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in East Windsor Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.