The Village Colonials housing market is very competitive. The median sale price of a home in Village Colonials was $965K last month, up 21.2% since last year. The median sale price per square foot in Village Colonials is $667, up 59.2% since last year.
What is the housing market like in Village Colonials today?
In October 2024, Village Colonials home prices were up 21.2% compared to last year, selling for a median price of $965K. On average, homes in Village Colonials sell after 26 days on the market compared to 22 days last year. There were 5 homes sold in October this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$965,000
+21.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Village Colonials, NJ
$965,000
+21.2%
United States
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How hot is the Village Colonials housing market?
Village Colonials is very competitive. Homes sell in 16 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 16 days.
Hot homes
can sell for about 6% above list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Village Colonials housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Village Colonials.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Village Colonials has a minor risk of flooding. 42 properties in Village Colonials are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Village Colonials. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Village Colonials has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Village Colonials is most at risk from hurricanes. 667 properties in Village Colonials have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
85% of properties are at major
risk of heat over the next 30 years
Heat Factor
Village Colonials has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 85% of homes in Village Colonials have a Major Heat Factor®.
Village Colonials is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Village Colonials is expected to experience 8